Asked by Sebastian Alonso on Jul 24, 2024
Verified
In most Canadian jurisdictions, ________ can be obtained on an individual basis with an insurance corporation, but it is more often acquired by businesses as part of an employee benefits package.
A) property insurance
B) business interruption insurance
C) liability insurance
D) disability insurance
E) professional liability insurance
Disability Insurance
A type of insurance that provides income in the event a worker is unable to perform their work and earn money due to a disability.
Insurance Corporation
A company that offers insurance policies to individuals or other entities, covering a range of risks.
Employee Benefits Package
A collection of non-wage compensations provided to employees in addition to their normal wages or salaries.
- Learn the commandments that regulate insurance pacts, the claim retrieval process, and the analyses of obscure clauses for the benefit of the insured.
Verified Answer
MM
meredith mckeanJul 27, 2024
Final Answer :
D
Explanation :
Disability insurance is commonly offered as part of an employee benefits package in Canada, although individuals can also purchase it directly from insurance companies. This type of insurance provides financial benefits to individuals who are unable to work due to a disability.
Learning Objectives
- Learn the commandments that regulate insurance pacts, the claim retrieval process, and the analyses of obscure clauses for the benefit of the insured.