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800 words ref page intext citations and in APA format
Part 1
Explain the various definitions of
disability
that are found in disability-income insurance.
Explain the following disability insurance income provisions:
Residual disability
Benefit period
Elimination period
Part 2
A common method of determining the amount of life insurance
life insurance to purchase is called the
needs approach
. Explain the following needs for a head of the household:
Income needs
Special needs
Cash needs
Explain the capital retention approach for determining the
amount of 410 life insurance owned.
Briefly explain the characteristics of the following types of
managed care plans:
Health maintenance organization (HMO) plans
Preferred provider organization (PPO) plans
Point-of-service (POS) plans

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800 words ref page intext citations and in APA formatPart 1Exp.docx

  • 1. 800 words ref page intext citations and in APA format Part 1 Explain the various definitions of disability that are found in disability-income insurance. Explain the following disability insurance income provisions: Residual disability Benefit period Elimination period Part 2 A common method of determining the amount of life insurance life insurance to purchase is called the needs approach . Explain the following needs for a head of the household: Income needs Special needs Cash needs Explain the capital retention approach for determining the amount of 410 life insurance owned. Briefly explain the characteristics of the following types of managed care plans: Health maintenance organization (HMO) plans Preferred provider organization (PPO) plans Point-of-service (POS) plans