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Disability Insurance/ NU

Total questions: 15

Worksheet time: 4hrs 45mins

Name
Class
Date
1.

What is long-term disability insurance?

a)

there is a short waiting period, up to only 14 days, but the maximum benefit period is only up to two years.

b)

there is a longer waiting period before you get your benefits, which could be several months, but the benefit period can be from a few years to the rest of your life.

c)

Just regular disability insurance

d)

None of the above

2.

What is short-term disability insurance?

a)

here is a short waiting period, up to only 14 days, but the maximum benefit period is only up to two years.

b)

None of the above

c)

there is a longer waiting period before you get your benefits, which could be several months, but the benefit period can be from a few years to the rest of your life.

d)

There is no waiting period for short-term Disability Insurance 

3.

What is disability Insurance?

a)

Insurance offered only if you get disabled outside the workplace 

b)

Insurance that is offered only if you are hurt at the workplace.

c)

insurance that is offered by the workplace in case of disability on or off the job.

d)

All of the above

4.

How much does disability insurance cost on average a month?

a)

1,000

b)

385

c)

Between 100 and 1,000

d)

between 200 and 2,500

5.

What are the two main available options for Disability insurance?

a)

expensive and inexpensive 

b)

long term and short term

c)

none of the above

d)

good and bad

6.

Who manages disability insurance?

a)

Your friends

b)

The employer

c)

Social Security

d)

Your parents

7.

How often do you pay for disability insurance?

a)

weekly

b)

monthly

c)

annually

d)

semi-annually

8.

Who should have disability insurance?

a)

any employee

b)

an employer

c)

none of the above

d)

a hobo

9.

Disability insurance is offered to...

a)

people that do not pay taxes

b)

anyone who pay taxes

c)

everyone

d)

all of the above

10.

What can you lose if you do not have disability insurance?

a)

Money, your car, or your house

b)

just money

c)

none of the above

d)

nothing

11.

What is a disability?

a)

a physical or mental condition that limits a person's movements, senses, or activities.

b)

a wheelchair

c)

nothing

d)

if you get a small scratch

12.

What is the maximum benefit period for short term disability insurance?

a)

5 years

b)

up to 10 years

c)

the rest of your life

d)

up to two years

13.

 What is the benefit period for long term disability insurance?

a)

from a few years to the rest of your life

b)

10 years

c)

none of the above

d)

5 years

14.

Why do you lose money when you have a disability without insurance for it?

a)

You get robbed more

b)

you don't lose money

c)

You are unable to work and make money

15.

What are the two Protection Features of Disability Insurance?

a)

Non cancelable and guaranteed renewable.

b)

Guaranteed renewal and insurance

c)

Guaranteed renewal

d)

Non cancelable