4.8k views
1 vote
Most group Disability Income contracts are offered on a/an:

A. Contributory basis
B. Noncontributory basis
C. Nonoccupational basis
D. Occupational basis

User Marbel
by
3.9k points

1 Answer

3 votes

Answer:

Answer is option C, i.e. Nonoccupational Basis.

Step-by-step explanation:

When an injury is caused due to accidents while in the occupational role, then many organizations provide for the contract that is also considered as a form of insurance to cover the loss of the injury, that has resulted as a result of an occupational accident. These insurance are commonly known as Disability Income contracts or disability insurance. These are sanctioned to a person who has lost his/her occupation due to the injury caused in the accident while at work. Hence, the answer is option C.

User Diego Gallegos
by
4.3k points