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Author Question: Based on the following information, how much disability insurance coverage per month would be ... (Read 89 times)

dbose

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Based on the following information, how much disability insurance coverage per month would be required:



∙ Mortgage payment -$1,600/month

∙ Household insurance -$100/month

∙ Car insurance -$200/month

∙ Gas and oil -$90/month ($30 commuting to and from work)

∙ Food -$200/month ($70 represents lunch at work which would be reduced by half if the meals were prepared at home)



Employer disability insurance would provide $500/month and it is doubtful that anything would be received from either Social Security or worker's compensation.


◦ $1,525
◦ $2,190
◦ $1,495
◦ $1,625


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Marked as best answer by dbose on Apr 14, 2019

abro1885

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dbose

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Reply 2 on: Apr 14, 2019
Thanks for the timely response, appreciate it


nyrave

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Reply 3 on: Yesterday
Wow, this really help

 

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