Question

Which statement best describes disability insurance?

A: It pays for doctor visits and preventive medical care.
B: It replaces lost income and covers medical expenses.
C: It provides benefits to loved ones after someone’s death.
D: It protects property against theft, accidents, or damages.

Answer 1

B: It replaces lost income and covers medical expenses.

This statement best describes disability insurance, as it is designed to provide financial support to individuals who are unable to work due to a disability, thereby replacing a portion of their lost income and potentially covering related medical expenses.