Health and Life Insurance

Category - Disability

What is the benefit period?
  1. Amount of days before benefits are paid
  2. Amount of time benefits continue after policy expires
  3. Amount of time benefits are paid
  4. Amount of benefits paid
Explanation
Answer: C - The benefit period is the amount of time benefits are paid. After the elimination period, the monthly disability benefit payments can begin if the insured remains totally disabled. Benefit periods can last for 1, 2, or 5 years or up to age 65.
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