roger_lockless
Expert
- 25
I've not written Disability before and was tinkering with a quote generator on my machine, and I entered some info along the lines of salary, employment type, and occupation class. In running the quote/illustration, the company's software set a maximum monthly benefit that could be purchased of about $4,000.00/mo.
Why is there a maximum? I assume it's tied to the factors I entered, and if so, is it imposed by regulations, or by the preferences of the company I was quoting with? Just wondering. If someone who sells this regularly could help me understand, I'd be appreciative.
Why is there a maximum? I assume it's tied to the factors I entered, and if so, is it imposed by regulations, or by the preferences of the company I was quoting with? Just wondering. If someone who sells this regularly could help me understand, I'd be appreciative.