NEW
Font size
WorksheetsDisability Insurance Quiz
Total questions: 10
Worksheet time: 3hrs 30mins
What is the main purpose of disability insurance?
To provide replacement income if you have an accident or illness and can't work
To cover your medical expenses if you have a accident or illness and can't work
To provide your family with income when you retire
To provide replacement income and cover all of your medical expenses if you have an accident or illness and can't work
When should people consider disability insurance?
When they get married
When they graduate from college
When they start a full-time job
When they retire
Employers must provide all employees with disability insurance free of charge.
True
False
Most disability insurance will replace:
80% - 100% of your income
60% - 80% of your income
40% - 60% of your income
20% - 40% of your income
Which of the following are types of disability insurance?
short term, long term, indemnity
short term, indemnity, worker's compensation
long term, worker's compensation, indemnity
short term, long term workers' compensation
A computer technician is in an accident on his way home from work and breaks both wrists.
Which of his insurance plans will provide him with income while he is out of work recovering for six weeks?
Short-term Disability Insurance
Long-term Disability Insurance
Workers' Compensation
Health Insurance
Which of the following could require long-term disability to cover costs?
Broken leg
Degenerative disease
Flu
None of these
A young woman falls on the ice, hurts her back, needs surgery, and will be out of work for three months.
What does she need to do in order to claim the disability insurance she has through her employer?
Inform her employer only
Call her doctor and ask him to send her employer a note
Contact her health insurance company
Inform her employer & see her doctor to have the doctor confirm that she is not able to work
Disability Insurance can cover you until what age?
45
55
65
75
Disability insurance can only be provided through an employer or the government.
True
False
