1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    The elimination period for Disability Insurance is the amount of time between the event of becoming disabled, and the time when the benefit starts being received.

    People choose elimination periods based on their budget (the longer the elimination period, the lower the policy premium) and on the funds they have saved up (if someone does not have over one month of income in savings, it would be wise to get a Disability Insurance policy with a one month or less elimination period).
    Answered on August 28, 2013
  2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>