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Disability Insurance

Total questions: 10

Worksheet time: 6mins

Name
Class
Date
1.

What is disability insurance?

a)

Provides Income in the event a worker is unable to perform their work.

b)

Pays for shopping expenses

c)

Binding contract between you and a policy owner

d)

Supports personal and custodial care

2.

Who needs disability insurance?

a)

A single mom who works two jobs

b)

Someone who can work at full capacity

c)

Newborns

d)

People who are unable to perform work due to illness or injury

3.

How much does disability insurance coverage cost?

a)

25-30% of your income

b)

50-70% of your income

c)

0% of your income

d)

80-90% of your income

4.

What are two types of disability insurance

a)

Short-term

b)

PPO

c)

Long-term

d)

HMO

5.

Who can you talk to about disability insurance?

a)

Yourself

b)

A doctor

c)

Your dog

d)

A nurse

6.

What is short-term disability insurance?

a)

Protects your friend

b)

protects just the employer

c)

Designed to protect both the employee and employer if the worker can no longer do their job

d)

Protects just the employee

7.

What is long-term disability insurance?

a)

Long-term care

b)

Provides income to workers whose earnings are interrupted by lengthy periods

c)

free insurance

d)

None of these

8.

Disability insurance is for all kinds of workers

a)

True

b)

False

9.

What is a waiting period in disability insurance?

a)

The time between when you are injured or become ill and when you are able to return to work

b)

The time between when you are injured or become ill and when your disability payments begin

c)

The time between when you are injured or become ill and when your sick leave ends

d)

The total amount of time that you receive disability payments for an illness or injury

10.

Disability insurance provides you the means to buy food, pay bills, and cover household expenses while you're unable to work.

a)

True

b)

False