What do disability insurance and life insurance have in common?

A.
Both are provided by your employer at the employer’s expense.
B.
Both charge the same amount for the policy premium.
C.
Both cover an unexpected loss of income.
D.
Both cover beneficiaries in the event of your death.

Disability Insurance protects against loss of income due to the inability to ask, resulting from injuries. This insurance policy compensates the insured for lost income due to incapacitation.

Life insurance offers protection against loss of income should the insured die. Life insurance pays the insured beneficiaries a specified sum of money as stipulated in the insurance contract. It is an assurance the insured's family will be compensated for the loss of income occasioned by their death.

What do disability insurance and life insurance have in common? A. Both are provided by your employer at the employer’s expense. B. Both charge the same amount for the policy premium. C. Both cover an unexpected loss of income. D. Both cover beneficiaries in the event of your death.

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What do disability insurance and life insurance have in common?

A.
Both are provided by your employer at the employer’s expense.
B.
Both charge the same amount for the policy premium.
C.
Both cover an unexpected loss of income.
D.
Both cover beneficiaries in the event of your death.