Question

What is the purpose of weekly compensation in a PA policy?

a.

To provide a one-time lump sum amount for temporary disablement

b.

To cover the cost of medical treatment

c.

To compensate for the loss of income during temporary disablement

d.

To offer additional coverage for permanent disability

Posted under IC38 Life Insurance Agent Exam

Answer: (c).To compensate for the loss of income during temporary disablement Explanation:Weekly compensation in a PA policy is intended to compensate for the loss of income during temporary disablement.

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Q. What is the purpose of weekly compensation in a PA policy?
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