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Life & Health Insurance License Exam Practice Test New Latest Version with All Questions, 100% Correct Answers and Rationale Updated 2023-2024
Life & Health Insurance License Exam Practice
Test New Latest Version with All Questions,
100% Correct Answers and Rationale Updated
2023-2024
1.
A disability income policy social insurance supplement (SIS)
benefit rider:
o A.
Pays benefits only if it turns out the insured is eligible for
benefits from social insurance
o B.
Pays a benefit if the insured is injured on the job and qualifies
for workers compensation benefits
o C.
Provides a payment only when the insured is totally disabled,
but not receiving any social insurance benefit plans
o D.
Provides for a bonus payment that will match social security
disability income benefits, if they are paid
Correct Answer
C. Provides a payment only when the insured is totally disabled, but not
receiving any social insurance benefit plans
Explanation
The disability income policy social insurance supplement (SIS) benefit
rider provides a payment only when the insured is totally disabled, but
not receiving any social insurance benefit plans. This means that the
rider will only pay benefits if the insured is unable to work due to a
disability and does not qualify for any other social insurance benefits. It
is designed to provide additional financial support to individuals who
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Specifications
- School: Walden University
- Course: NURSING
Document
- Section: Summaries
- Made on: 19-09-2023
- Type: .pdf
- Pages: 41
- Language: English
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Subjects of NURSING - Walden University
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