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X is insured with a disability income policy that provides coverage until age 65.

a) True
b) False

1 Answer

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Final answer:

The question is about a disability income policy providing coverage until age 65, which is dependent on the terms of the individual policy. Generally, such policies do integrate with systems like Social Security to offer financial support to those unable to work until a retirement age, often age 65.

Step-by-step explanation:

The question whether an individual is insured with a disability income policy that provides coverage until age 65 is subject to the terms of the specific policy. Generally, disability income policies are designed to provide financial support to individuals who are unable to work due to disability. Coverage usually continues until the policyholder reaches a certain age, often stipulated as the retirement age, which can vary according to the policy. In Social Security, the retirement benefit is well-known, and the full retirement age was originally set at 65. Disability benefits within the Social Security system are distributed to those unable to work due to disability, with some benefits potentially accessible to survivors.

Without specific details about the policy mentioned in the question, it is impossible to definitively answer true or false. However, it is commonplace for disability income policies to provide coverage until traditional retirement ages such as 65.

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