Will is concerned that his monthly disability income benefit would be eroded by inflation in case of a long-term disability.Which policy provision would guard against this problem?

Question

Quizplus · Accepted Answer

Cost-of-living adjustments (COLA) provision adjusts the policy's benefit amount annually to account for inflation, protecting the policyholder's income benefit against the erosion of inflation during long-term disabilities.

Will Is Concerned That His Monthly Disability Income Benefit Would