Long-Term Disability (LTD) best characterizes benefit periods of

Long-Term Disability (LTD) best characterizes benefit periods of

• A. 6 months
• B. 2 years or to age 65
• C. Lifetime
• D. 1 year

Answer: (B)

Benefit period is how long benefits are paid while you’re disabled. For long‑term disability, the idea is to cover a substantial stretch of time as you recover or approach retirement. Most LTD policies pay either for a fixed number of years (commonly two years) or until you reach a retirement age (typically age 65). This design fits the realistic timeline of many disabilities: some resolve in a couple of years, while others persist until retirement; both scenarios are addressed by the two common LTD structures. Shorter durations like six months or one year are characteristic of short‑term disability, not long‑term. Lifetime benefits do exist in some plans, but they’re less common due to cost, so the typical LTD expectation is either two years or to age 65.

Benefit period is how long benefits are paid while you’re disabled. For long‑term disability, the idea is to cover a substantial stretch of time as you recover or approach retirement. Most LTD policies pay either for a fixed number of years (commonly two years) or until you reach a retirement age (typically age 65). This design fits the realistic timeline of many disabilities: some resolve in a couple of years, while others persist until retirement; both scenarios are addressed by the two common LTD structures. Shorter durations like six months or one year are characteristic of short‑term disability, not long‑term. Lifetime benefits do exist in some plans, but they’re less common due to cost, so the typical LTD expectation is either two years or to age 65.