User Account

All Pages

Individual disability-income policy

Assignment Help Business Management
Reference no: EM131195890

Jeff currently earns $3000 per month. He has an individual disability-income policy that will pay $2000 monthly if he is totally disabled. Disability is defined in terms of the worker's own occupation. The policy has a 30-day elimination period and also provides residual disability benefits. Benefits are payable until age 65.

a. If Jeff is severely injured in an auto accident and cannot work for four months, how much will he collect under his policy?

b. Assume Jeff returns to work but can only work part-time until he recovers completely. If he earns $1500 monthly, what is the amount, if any, that Jeff can collect under his policy? Explain your answer.

Reference no: EM131195890

Questions Cloud

How is motion involved in this formation : How is motion involved in this formation? Include a description of other bodies directly involved with their formation (such as asteroids, comets, and other planets).
Write the journal entries to record transaction : Where on the balance sheet would the account balance representing funds received for performances not yet presented be classified - Adjusted the estimated liability under a warranty program by reducing previously accrued warranty expense by $4,200.
Organisation margin of safety : At what level of price for the new product will the organisation break even? If the actual planned selling price is £48 per unit, what wil be the organisation's margin of safety?
Would you advise your friend to do this why or why not : Your friend must first submit some basic personal information, then complete a five-page personality survey, and finally provide several recent photos. Would you advise your friend to do this? Why or why not?
Individual disability-income policy : Jeff currently earns $3000 per month. He has an individual disability-income policy that will pay $2000 monthly if he is totally disabled. Disability is defined in terms of the worker's own occupation. The policy has a 30-day elimination period an..
Determine if it actually is a good career move or a dead end : You are not sure about the exact responsibilities of the CPO position or what authority the person in this position would have at this particular company. How would you go about evaluating this opportunity to determine if it actually is a good car..
Company balance sheet for the current year : 1. Prepare a vertical analysis of your company's Balance Sheet for the current year. 2. Calculate the following ratios for the most recent two years and comment on the results of your ratio analysis. How do the results for your company compare to ..
A new inventory control system is being implemented : He will be able to tell how many cases per shift each operator moves, and he plans to use this data to provide performance feedback that could result in pay increases or termination. He has asked you if there are any potential problems with using ..
Emphasize the independent nature of the it audit : Emphasize the independent nature of the IT audit and include some ISACA key IT audit tasks and application of knowledge statements. Note the role of the audit committee in providing guidance to the IT audit.

Reviews

Write a Review

Business Management Questions & Answers

  Buyer decision process of a traditional porsche customer

1. Analyze the buyer decision process of a traditional Porsche customer. 2. Contrast the traditional Porsche customer decision process to the decision process for a Ceyenne or Panamera customer.

  What is the relationship between legal and ethical issues

What is the relationship between legal and ethical issues?

  Letter of recommendationif someone were to write a letter

letter of recommendationif someone were to write a letter of recommendation for you to share in a job interview what

  Federal deposit insurance corporation

Go to the Federal Deposit Insurance Corporation Website at fdic.gov and find the latest balance sheet information available for commercial banks. To do this complete the following steps:

  Situational variables

Describe what - how situational variables affect task motivated and relationship-motivated leaders - What category does this situation fall into

  Importance of using a structured innovation process

Explain the importance of using a structured innovation process in your organization to enable innovation.

  Leadership approaches to complex problems

Leadership Approaches to Complex Problems

  Identify the four costs of quality

Identify the four costs of quality. Which one is hardest to evaluate? Explain.

  Explain organization-time management element-online learning

Organization, time management, and effective communication are the main elements to online learning. Explain how you can use each of these elements toward the professional career.

  Employee involvement and quality of work life with

employee involvement and quality of work life with organization developmentcontrast employee involvement and quality of

  Does the firm utilize a duality structure for the ceo

Board composition (for example, board size, insiders and outsiders, interlocking directorates, functional experience, how many active CEOs, how many retired CEOs, what is the demographic makeup, age diversity, and so on)

  Responsibilities of the mortgage brokers to borrowers

What were the responsibilities of the mortgage brokers to borrowers? To lenders? To investors? How well did they fulfill their responsibilities? Why?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd