Question

The time when an insured must be disabled before becoming eligible for disability benefits is the

A) Benefit period
B) Contestability period
C) Grace period
D) Elimination period

Answer 1

The time when an insured must be disabled before becoming eligible for disability benefits is the Elimination period. This waiting period lasts until the insured individual can start receiving disability benefits.

Step-by-step explanation:

The time when an insured must be disabled before becoming eligible for disability benefits is called the Elimination period. This refers to the waiting period that an insured individual must go through after becoming disabled before they can start receiving disability benefits.

During the Elimination period, the insured must be unable to work or perform their regular duties due to the disability. The length of the elimination period can vary depending on the policy, but it is typically 30, 60, or 90 days.

Once the elimination period ends, the insured becomes eligible to receive disability benefits for the specified benefit period, which refers to the duration for which the benefits will be paid.