Ask Question
7 October, 06:54

Georgia, a widow, has take-home pay of $1,600 a week. Her disability insurance coverage replaces 55 percent of her earnings after a four-week waiting period. What amount would she receive in disability benefits if an illness kept Georgia from work for 12 weeks?

+2
Answers (1)
  1. 7 October, 10:18
    0
    Disability benefits = $7,040

    Explanation:

    Disability insurance is one that covers the employee in case of unavoidable time away from work. The reason from staying off work may be due to illness.

    Disability benefits = Benefits for a week * weeks covered by insurance

    Disability benefits = (Insurance percent cover * Take home) * (weeks off - waiting period)

    Disability benefits = (0.55 * 1,600) * (12 - 4)

    Disability benefits = 880 * 8 = $7,040
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Georgia, a widow, has take-home pay of $1,600 a week. Her disability insurance coverage replaces 55 percent of her earnings after a ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers