Which of the following will replace a portion of your salary after you cannot work for 6−12 months?

Question

Quizplus · Accepted Answer

Long-term disability insurance is designed to replace a portion of your salary if you are unable to work for an extended period, typically starting from 6 months and beyond, making it the correct choice for this scenario. Short-term disability insurance covers shorter periods, usually up to 6 months, and is not the focus of this question. Social Security may provide disability benefits, but it generally requires a longer waiting period and more stringent qualifications than private long-term disability insurance. Health insurance covers medical expenses but does not replace income due to disability.

Which of the Following Will Replace a Portion of Your