Question

mungo purchases disability income insurance. the benefit is a payment of $2000 per months during qualifying periods of disability

Answer 1

Mungo purchases disability income insurance. the benefit is a payment of $2000 per month during qualifying periods of disability the disability insurance premium is  Occupation, Benefit Period or Tenure, Health, Elimination Period or the Waiting Period, Policy Provisions if any.

A length of incapacity is a non-stop time frame throughout which a man or woman is below a disability as defined by segment 21  of the Social security Act. there may be no restriction on what number of hours you could work on SSI, alternatively, a restriction on how a lot you can make in a month.

A character in 2022, you need to be making less than $841 of countable earnings per month and feature much less than $2,000 in belongings to qualify. For a pair, the limit is $3,000.A closed duration of incapacity is the time period between the onset of incapacity and the date whilst a claimant is bodily able to return to work performing a significant gainful hobby. Calculating gain payment quantities. Your Weekly benefit quantity WBA relies upon for your annual income.

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