Georgia, a widow, has take-home pay of $600 a week. Her disability insurance coverage replaces 70 percent of her earnings after a four-week waiting period. What amount would she receive in disability benefits if an illness kept Georgia from work for 16 weeks

Question

Social Studies

Lane Fletcher

25 June, 23:25

Georgia, a widow, has take-home pay of $600 a week. Her disability insurance coverage replaces 70 percent of her earnings after a four-week waiting period. What amount would she receive in disability benefits if an illness kept Georgia from work for 16 weeks

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Answers (1)

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Tristan Ross · Answer 1

Answer: $5,040

Explanation:

Disability benefit = (Weekly benefit * Covered weeks)

= (Insurance percent * Take-home pay) * (Weeks off work - Waiting period)

= (0.70 * $600) * (16 - 4)

= $5,040