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IFSE Institute Life License Qualification Program (LLQP) LLQP Question # 57 Topic 6 Discussion

IFSE Institute Life License Qualification Program (LLQP) LLQP Question # 57 Topic 6 Discussion

LLQP Exam Topic 6 Question 57 Discussion:
Question #: 57
Topic #: 6

Mauro works full-time for a small company that offers no benefits. He earns $40,000 a year. He has an individual disability insurance policy that would provide him with $2,000 a month, for a maximum of two years, after a waiting period of four months. This policy includes a partial and residual disability rider. Injured in an accident, Mauro is completely unable to work for nine months. After that, Mauro’s doctor advises him to start working two days a week for the next three months, after which Mauro should be able to resume working full-time. What monthly benefit will Mauro receive during the period he works part-time?


A.

$1,600


B.

$1,200


C.

$1,000


D.

$800


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