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The law you are referring to is likely the Social Security Act in the United States. This program provides benefits to retirees, survivors, and disabled individuals who have contributed to the Social Security system through payroll taxes for the equivalent of at least 40 quarters (10 years). The program aims to provide financial assistance and support to qualifying individuals and their dependents.
There is typically no age limit to qualify for long-term disability benefits. As long as you have a qualifying disability that prevents you from working, you can apply for and receive benefits regardless of your age.
When does a person attain fully insured status under Social Security? A. after 40 quarters (10 years) of participation paying FICA taxes B. after 20 quarters (5 years) of participation paying FICA taxes C. after 30 quarters (7.5 years) of participation paying FICA taxes D. after 50 quarters (12.5 years) of participation paying FICA taxes
An Additional Insured is only used for General Liability coverage. Since Business income is a property coverage, they would not be insured. Also, business income is designed to pay for loss of income to the insured, not lienholders, or contractors they are performing jobs for.
There is no coverage at all for an accident to an insured either off property or on property. A Homeowners policy provides coverage for structures, personal property, additional living expenses due to loss, liability coverage and medical payments. There is coverage away from premises for insured personal property provided it is due to loss from a covered cause. Coverage is generally limited to 10% of coverage C and if it is theft, insured must be temporarily residing where the theft occurred. The liability coverage provided by the policy covers the insured away from premises. These all are general statements and there are exclusions so the policy should be consulted.
Medical expense insurance: Covers some or all of the out of pocket expenses paid by the insured for covered medical expenses. Disability insurance: Makes up for some or all of the income lost during the disability of the insured.
No, your homeowner's policy covers sudden, unexpected damage to your structure and its contents and legal liability to other. It does not cover you medically.You might consider some disability insurance.
There is not enough information to answer your question. Did this injury occur in the home or away from the home? Who was injured and how did it occur? Was an insured household resident injured at the insured home? A homeowners insurance policy often provides a small amount of medical coverage if the insured elected it at the time of purchase for minor household injuries but does not replace a medical insurance policy. Was a guest injured on the premises of the insured home? Homeowners insurance policies often provide Liability coverage if the insured elected the coverage at the time of purchase that might provide coverage if the insured home owner was at fault for the injury. You would need to check your home insurance policy or contact your agent to determine if you purchased medical coverage or liability coverage depending on what occurred and if so, what limits are available.
Normally, renter's coverage applies only to the contents of the dwelling (furniture, for example). In contrast, homeowner's coverage is much broader. It applies to the structure of the dwelling, contents, and typically has an element of liability coverage that provides protection to the insured in case a guest is injured, because of the insured's negligence, upon the insured premises.
Social Security Disability Insurance (SSDI) is financed with Social Security taxes paid by workers, employers, and self-employed persons. To be eligible for a Social Security benefit, the worker must earn sufficient credits based on taxable work to be "insured" for Social Security purposes. Disability benefits are payable to blind or disabled workers, widow(er)s, or adults disabled since childhood, who are otherwise eligible. The amount of the monthly disability benefit is based on the Social Security earnings record of the insured worker. Supplemental Security Income (SSI) is a program financed through general revenues. SSI disability benefits are payable to adults or children who are disabled or blind, have limited income and resources, meet the living arrangement requirements, and are otherwise eligible. The monthly payment varies up to the maximum federal benefit rate, which may be supplemented by the State or decreased by countable income and resources. See Understanding Supplemental Security Income for an explanation of SSI benefit payment rates
There is no way to tell other then verifying his coverage after an accident.
liability coverage is only for persons that meet the definition of an "insured"