After the elimination period, a totally disabled insured qualified and started receiving benefits from his disability income policy that has a waiver of premium rider. What will most likely happen to the premiums paid into the policy during the elimination period?
a. premiums will be waived
b. premiums will be refunded
c. premiums will be retained by the company, but no further premium will be required for the duration of the disability
d. premiums will be prorated
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “After the elimination period, a totally disabled insured qualified and started receiving benefits from his disability income policy that ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
A single server model with infinite calling population, first-come, first-served queue discipline, Poisson arrival rate and exponential service time has an arrival rate of 210 customers and a service rate of 270 customers per eight hour day.
Answers (1)
B. the product of abcgolf uses several exotic raw materials. the government places a tax on those raw materials, and the mc and atc both increase. how will the profit maximizing price and quantity change as a result
Answers (1)
During December at Ingrim Corporation, $74,000 of raw materials was requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials. The indirect materials totaled $6,000.
Answers (1)
Consider a sequential pay CMO that is backed by 60 mortgages with average balance of $100,000 each. The mortgages have monthly payments with WAM = 15 years and WAC = 4%. There is a servicing fee of 0.6% and prepayment is according to 100% PSA.
Answers (1)
Jorge and Anita, married taxpayers, earn $150,000 in taxable income and $40,000 in interest from an investment in City of Heflin bonds. Using the U. S. tax rate schedule for married filing jointly, how much federal tax will they owe?
Answers (1)
New Questions in Business
Which tab in the Group Policy Results window shows all events in Event Viewer that are generated by group policies, and can be used to view the relevant information on a remote computer?
Answers (1)
The Backwoods American company operates a telephone order system for a catalogue of its outdoor clothing prod- ucts. The catalogue orders are processed in three stages.
Answers (1)
Using notes outside of given key to produce heightened color is referred to as A. Orchestration B. Chromatisicm C. pallete work D. Tonality
Answers (2)
Which of the following are not excludable as an employee fringe benefit? a. Public transportation costs of $130 per month provided by the employer b. Employee deductions of $4,200 for dependent childcare expenses c.
Answers (2)
What was ireland's greatest export during the 1840s?
Answers (2)