A family income benefit rider provides steady income to beneficiaries to cover monthly costs beyond the lump - sum death benefit in the event the insured dies prematurely,. (policygenius.com)
Upon qualifying and after an elimination period, you begin to receive monthly income benefits for the benefit period outlined in your policy. (termlife2go.com)
Typically, the maximum monthly income benefit for private short term disability insurance will be lower than the maximum benefit offered with private long - term disability insurance. (termlife2go.com)