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Disability income insurance uses a special type of deductible. No benefits are paid during the initial period of disability (e.g. two weeks, a month, five months, etc.). What is this type of deductible, which is expressed in time rather than in dollars, called?
a.straight deductible
b.calendar year deductible
c.aggregate deductible
d.elimination (waiting) period
Answer: D
The above question Disability income insurance uses a special type of deductible. No benefits are paid during the initial period of disability (e.g. two weeks, a month, five months, etc.). What is this type of deductible, which is expressed in time rather than in dollars, called?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
