The appropriate rider allows premium payments to be waived in the event of disability. There is usually a waiting period of 3 or 6 months once the policy owner becomes disabled before the first premium will be waived.
Long-term disability insurance plans are made to pay benefits for a longer time. The premiums are normally greater the longer the benefit term. This is why insurance companies offer optional clauses so you can customise your coverage to meet your needs. Benefit for Basic Partial Disability, If you sustain a disease or injury that affects your capacity to work but does not result in total disability, this offers partial payments. Benefit for Enhanced Partial Disability, For fee-for-service professionals and business owners, this specific Guardian rider may be especially useful. It offers benefits when you experience an income loss of 15% or more simply as a result of illness or injury.
Learn more about Disability riders here:
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Answer:
- Extension.
Explanation:
'Product extension' is illustrated as the company's strategy that involves the use of a presently existing established brand name to introduce a new product with slight variations in the similar product category. Such strategies assist the companies to increase their profit margins by offering a wide variety of products as the familiar brand's goodwill works for it to increases the sales effectively.
In the given question, the introduction of 'innovative products as televisions' by Sony that offers a variation in the established brand name of Sony in 'color television' would surely promote the increased sales and profits for the company. Such a strategy is categorized as 'product extension' that involves the extension of the similar product range.
Yes, and i hope that you have nothing but good luck in your years of living. i wish you the best
The answer is option B. Hope this helps!
