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Disability insurance offered through your employer is usually the most expensive coverage option. True or False?

True

False

Disability insurance offered through employers is often not the most expensive coverage option, which supports the conclusion that the statement is false. Typically, employer-sponsored plans benefit from group rates, leading to lower premiums compared to individual policies. These group plans spread risk across many employees, thus reducing costs for each participant. Additionally, employers may subsidize a portion of the premium, making it a more affordable choice for employees.

While some variations can occur based on the quality and extent of coverage provided, as well as the specific employer’s policies, employer-offered disability insurance is generally designed to be competitive and accessible, making it a cost-effective option for many individuals. Thus, the assertion that it is usually the most expensive option does not hold true in most cases.

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It depends on the employer.

Only in non-profit sectors.

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