BetterCE

Insurance Continuing Education for Insurance Agents

Call Us Today! 1-888-501-7330

ex6-3 suppose rosanne

Suppose Rosanne earns $7,000 per month. The long-term disability plan her employer provides pays 66% of earnings up to $5,000, and 40% of amounts from $5,001 up. Rosanne's monthly benefit is determined as follows:$5,000 x .667 = $3,335 $2,000 x   .40 = $   800 $4,135 Total Monthly Benefit