What is the elimination period of an individual disability policy?

What will be an ideal response?


The correct answer is "Time period a disabled person must wait before benefits are paid". The elimination period of an individual disability insurance policy refers to the amount of time a disabled person must wait before benefits are paid.

Business

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When both an owner and a contractor breach a construction contract, a court will attempt to strike a fair balance in awarding damages.

Answer the following statement true (T) or false (F)

Business

Why is goodwill important in business?

What will be an ideal response?

Business

Obsolescence refers to plant assets that typically have longer useful lives and higher salvage values.

Answer the following statement true (T) or false (F)

Business

Name two barriers that keep us from communicating successfully

What will be an ideal response?

Business