Ginger Brown has a take-home pay of $700 a week. Her disability insurance coverage replaces 70 percent of her earnings after a four-week waiting period.  What amount would she receive in disability benefits if an illness kept Ginger off work for 16 weeks? please show working

Question
Asked Nov 1, 2019

Ginger Brown has a take-home pay of $700 a week. Her disability insurance coverage replaces 70 percent of her earnings after a four-week waiting period.  What amount would she receive in disability benefits if an illness kept Ginger off work for 16 weeks? please show working

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Expert Answer

Step 1

Calculate the amount would she receive in disability be...

Total number of weeks
Weekly insurance amount
Amount to be received =|for which the benefit will
under coverage
be received
16 weeks
_Waiting periodPercentage of insurance coverage
-16-4]*[S700x 70%
Take-home pay x
=12 x$490
S5,880
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Total number of weeks Weekly insurance amount Amount to be received =|for which the benefit will under coverage be received 16 weeks _Waiting periodPercentage of insurance coverage -16-4]*[S700x 70% Take-home pay x =12 x$490 S5,880

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