Disability Insurance Terms Defined 100%
Correct Answers
Cash Surrender Value Rider - ✔✔Returns premiums at age 65 if no
claims made
Flat Amount Benefit - ✔✔Set amount in policy, often 50% of full
benefit
Americans with Disabilities Act (ADA) - ✔✔Defines major life activities
including working, learning, and more
Own Occupation Definition - ✔✔Requires inability to perform current
occupation
Purpose of Disability Income Insurance - ✔✔Provides income benefit
in case of disability due to accident or sickness
Waiting Period - ✔✔Time between disability onset and benefit
payment commencement
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©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.
Correct Answers
Cash Surrender Value Rider - ✔✔Returns premiums at age 65 if no
claims made
Flat Amount Benefit - ✔✔Set amount in policy, often 50% of full
benefit
Americans with Disabilities Act (ADA) - ✔✔Defines major life activities
including working, learning, and more
Own Occupation Definition - ✔✔Requires inability to perform current
occupation
Purpose of Disability Income Insurance - ✔✔Provides income benefit
in case of disability due to accident or sickness
Waiting Period - ✔✔Time between disability onset and benefit
payment commencement
1|Page
©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.
