15. Short-term group disability income insurance plans typically have an elimina

Question

15. Short-term group disability income insurance plans typically have an

elimination period that:

1. Ranges from one to seven days for sickness.

2. Ranges from one to seven days for sickness and accidents.

3. Ranges from thirty to sixty days for occupational disabilities.

4. Ranges from thirty to sixty days for non-occupational disabilities.

Flag this Question

Question 16

1 pts

16. A claim for money damages because of injury to another party or damage to

another party's property is best described as:

1. A tort.

2. Errors and omissions.

3. A liability loss.

4. A property loss exposure.

1. Ranges from one to seven days for sickness.

2. Ranges from one to seven days for sickness and accidents.

3. Ranges from thirty to sixty days for occupational disabilities.

4. Ranges from thirty to sixty days for non-occupational disabilities.

Explanation / Answer

15. (a)

Short term elimination; ranges from 1 to 7 days. It is the period once someone becomes disabled before benefits are payable. Short term coverage is being paid for 13-26 ways but elimitation is typically for 1-7 days

16. (c)

A claim for money damages because of injury to another party or damage to another party's property is best described as Liability Loss. Because insurance preiums are being born by the one who is liable to pay for the property

Related Questions

Navigate

• Browse (All)
• Browse 1
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.