How Does Group Disability Insurance Work?

1. 

   61667 POINTS

   view profile
   Steve Savant

   Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona

   Most large corporations have employer group benefit plans that include short and long term disability insurance priced on the basis on the law of large numbers of those who become disabled. Because of these large numbers the disability company takes a mean average of working sectors and prices it to a standard. Group disability insurance generally requires no exam or application to enroll.

   Answered on July 27, 2013

   flag this answer
Did you find these answers helpful?
Yes
No
Go!

Add Your Answer To This Question

You must be logged in to add your answer.