Hardeep is a lawyer and partner at a large law firm in Toronto. He recently purchased...
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Hardeep is a lawyer and partner at a large law firm in Toronto. He recently purchased an individual disability insurance policy. The policy has an occupational clause and uses the "own occupation" definition for disability. Which of the following statements about Hardeep's policy is CORRECT? Hardeep's policy has lower premiums than an "any occupation" policy for the same coverage. Hardeep's benefits will be reduced if he returns to work in another capacity. It is easier to claim benefits under Hardeep's policy than under an "any occupation" policy. Hardeep's benefits will be terminated if he returns to work in another occupation. 28 O Oa) Ob) Od) 8888 Hardeep is a lawyer and partner at a large law firm in Toronto. He recently purchased an individual disability insurance policy. The policy has an occupational clause and uses the "own occupation" definition for disability. Which of the following statements about Hardeep's policy is CORRECT? Hardeep's policy has lower premiums than an "any occupation" policy for the same coverage. Hardeep's benefits will be reduced if he returns to work in another capacity. It is easier to claim benefits under Hardeep's policy than under an "any occupation" policy. Hardeep's benefits will be terminated if he returns to work in another occupation. 28 O Oa) Ob) Od) 8888
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Related Book For
Horngrens Accounting
ISBN: 978-0133855371
10th Canadian edition Volume 1
Authors: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo-Ann L. Johnston, Peter R. Norwood
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