A doctor who is receiving Disability Income benefits is not able to return to work full-time but continues practicing on a part-time basis. Which of the following policy features would allow the doctor to continue receiving benefits?

Question

Certilyst · Accepted Answer

A Rationale: A Residual Benefit clause would allow the doctor to continue receiving benefits while working part-time. This clause is designed to provide partial benefits to individuals who can return to work in a limited capacity, ensuring they have financial support during their transition.

A Contingent Benefit clause typically refers to benefits that depend on certain conditions being met, which does not apply to the scenario of working part-time.

A Concurrent Benefit clause allows for multiple disability policies to provide benefits simultaneously, but it does not specifically address part-time work and its impact on benefit continuation.

A Guaranteed Insurability rider permits the policyholder to purchase additional coverage in the future without evidence of insurability, but it does not relate to the continuation of benefits while the insured is working part-time.

MS Life and Health Insurance Exam

A doctor who is receiving Disability Income benefits is not able to return to work full-time but continues practicing on a part-time basis. Which of the following policy features would allow the doctor to continue receiving benefits?