Elijah works at Bath Works and is eligible for group short-term (STD) and long-term (LTD) disability benefits. He earns a monthly income of $5,000. If disabled, he would receive a monthly disability income of $3,000 (60% of his income). He also owns an individual disability insurance policy that he purchased many years ago that would pay him $1,500 monthly if he becomes disabled. Unfortunately, Elijah is injured while playing football and cannot return to work for 6 months. He wants to claim disability benefits from both sources. Assuming the prescribed maximum of pre-disability income from all sources is 85%, what is the maximum combined amount he can receive from both policies?

1. $3,000 

2. $4,250 

3. $4,500 

4. $5,000

Answer rating: 100% (QA)

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