The standard maximum Income Replacement Benefit payable under O.A.P. 1 Owner's Policy "Section 4 - Accident Benefits Coverage" is $400 per week for the first 104 weeks. The actual amount payable is based on which one (1) of the following? OA) 70% of Gross Income. OB) 80% of Gross Income. OC) 70% of Net Income. OD) 80% of Net Income.
The standard maximum Income Replacement Benefit payable under O.A.P. 1 Owner's Policy "Section 4 - Accident Benefits Coverage" is $400 per week for the first 104 weeks. The actual amount payable is based on which one (1) of the following? OA) 70% of Gross Income. OB) 80% of Gross Income. OC) 70% of Net Income. OD) 80% of Net Income.
Chapter1: Making Economics Decisions
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