The provision in a disability income policy that states how long benefits will be received is called the

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The benefit period is the provision in the disability income policy that states how long benefits will be received. This period can range from a few months to several years and is typically defined as the maximum length of time that benefits will be paid for a covered disability. The residual clause refers to a provision that allows benefits to be paid even if the insured is able to work part-time or in a reduced capacity. The Social Security rider allows the policyholder to have benefits coordinated with their Social Security disability benefits. The elimination period is the time between when a disability occurs and when benefits begin to be paid by the policy.

The Provision in a Disability Income Policy That States How