Asked by Kristen Salcedo on Jul 20, 2024
Verified
Verity Insurance Inc. promises to pay, for a certain period of time, a portion of the monthly wages of the employees of Wood Products Company whose illnesses or injuries cause disability. This is
A) ability insurance.
B) capability insurance.
C) disability insurance.
D) liability insurance.
Disability Insurance
A type of insurance that provides financial support to individuals who are unable to work due to a disability.
Monthly Wages
The total amount of money earned by an employee within a month, often a fixed salary but can also include bonuses or commissions.
- Acknowledge the multiple types of insurance coverage (such as casualty, liability, property, life) and the individual risks they aim to address.
Verified Answer
MS
mandeep sandhuJul 25, 2024
Final Answer :
C
Explanation :
Disability insurance is designed to provide income in the event that a worker is unable to perform their job and earn money due to a disability.
Learning Objectives
- Acknowledge the multiple types of insurance coverage (such as casualty, liability, property, life) and the individual risks they aim to address.
Related questions
Because the Types of Losses That Are Expected and the ...
Which of the Following Types of Insurance Protects Members of ...
The ________ Type of Life Insurance Provides Coverage for a ...
The ________ Type of Life Insurance Provides Protection for the ...
Homeowner's Insurance Is an Example of Which of the Following ...