Disability insurance offered through your employer is usually the most expensive coverage option.TrueFalse

Which of the following statements about disability insurance is false?A longer elimination period will lower your premium cost.Disability insurance is not necessary if you have a good health insurance policy.Your coverage should be for 65% of your income.After college, short-term disability should be covered by your emergency fund of three to six monthsʹ worth of expenses, staying out of debt, and having a money plan.

Disability insurance would be most useful to a person who:A.loses expensive equipment in a house fire.B.owns property where people could get hurt.C.hurts another person in an automobile accident.D.cannot work after being badly injured.

You typically pay for health services directly and are then reimbursed by the insurance provider for part or all of that cost under what type health insurance plan?Disability offsetManaged careDelayed paymentFee-for-service

Health insurance would be most useful to a person who:A.owns property where a pedestrian is hurt.B.has to spend a week in a hospital.C.performs dangerous work as a surgeon.D.has a car stolen while on vacation.

Long-term disability plans provide income protection due to long-term illness or injury that is not work-related.Question 2Answera.FALSEb.TRUE