Answer:
D. It provides 40% to 60% of the policyholder's income for up to one year.
Step-by-step explanation:
Insurance is a risk sharing device where the risk is shared between the policyholder and the insurance company through regular periodic payment called premium. What Short term disability insurance does is to make do with the income of a person that has to leave his/her place of work as a result of sickness or injury. It provides financial assistance while the individual convalesces at home. The employee are liable to receive 40 to 60 % of their gross weekly income pending on the premium paid. This coverage period is 9 to 52 weeks, (i.e 2.25 to 12 months).
Answer:
y=x+8
Step-by-step explanation:
y= x+8
8 is your y intercept
and your slope is 1 but it's x
Answer:
taxable income = adjusted income - (deductions + Allowances/Exemptions)
Step-by-step explanation:
Taxable income is the type of income on which a person has to pay tax to the government. Taxable Income is calculated by subtracting the deductions and exemptions from the adjustable income.
With deductions you can either have itemized deductions or standard deductions.
Standard deduction consist of deductions like if a couple is married then they will have the deductions and if there are dependents of a person then he will have a standard deduction.
Itemized deductions consist of mortgages values, medical expenses, charity works etc.
This will help us to find the value of our taxable income
Ratios are basically a number v a number. Like if your in a group of 30 people and 10 of them are boys, your ratio of girls to boys would be 20:10. That's like really really basic ratio and idk how advanced in rations you are but yeah.