Disability insurance

How much does Disability insurance cost a year?

• $3,000

• $1,500

• $2,200

• $2,500

Short term disability is coverage for someone who is out of work for a short period of time

• True

• False

When do you need disability insurance?

• When you lose your job

• When you first obtain a job

• When you drop out of school

• When you become disabled and are unable to earn an income

Who would need this insurance?

• Anyone who has a job

• Someone who was fired from their job

• Dogs

• Children

Which age(s) use disability insurance?

• 16

• All of the above

• 35

• 62

The chance that a worker will become severely disabled while working is higher than expected

• True

• False

What is the waiting period for short term disability insurance?

• 0-4 weeks

• 0-14 days

• 6 months or less

• 0-14 weeks

Long term disability insurance can take up to several months to obtain

• True

• False

What percent of your income does disability insurance cost?

• They are all the same 1-3%

• Short term 3-5% Long Term 1-3%

• Short Term 1-3% Long Term 3-5%

• None of these answers are correct

Even though short term and long term have the same % taken from income, short term has higher maximum benefits

• True

• False