Disability income insurance will provide income to a disabled or ill person

Question

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Disability income insurance typically requires a waiting period before benefits are paid out, usually ranging from 30-90 days. This waiting period allows the insurance company to verify the disability and ensure the claim is legitimate. Option A and B are not accurate as disability income insurance almost always has a waiting period, and there are limits to how much the insurance company is willing to pay out. Option D is not entirely correct as disability income insurance typically pays benefits until age 65 or 67, depending on the policy.

Disability Income Insurance Will Provide Income to a Disabled or Ill