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Tuesday, Dec. 27

Insurance - Disability Insurance, #102

Disability insurance pays benefits when an employee is unable to stay on the job due to an illness or injury. Most disability policies pay a benefit that replaces part of the insured’s earned income (usually 50% to 70%) when the insured cannot work. If an employee falls down the stairs and breaks an ankle but can still work and earn the same amount of money earned before the accident, the employee will not receive…

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