asked 181k views
4 votes
An insured's disability income policy includes an additional monthly benefit rider. For how many years can the insured expect to receive payment from the insurer before Social Security benefits begin?

asked
User Orca
by
7.9k points

1 Answer

5 votes

Answer:

1 Year

Step-by-step explanation:

This is because, the additional monthly benefit rider stipulates that the insurer will only pay benefits comparable to what Social Security would pay. Therefore, after a year, the insurer ends the benefit and assumes that Social Security will begin benefit payment.

Hence, the insured expect to receive payment from the insurer for ONE YEAR before Social Security benefits begin.

answered
User Christian Flem
by
8.2k points
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