Paulette, a trial attorney for a corporation, was forced to leave the field due

Question

Paulette, a trial attorney for a corporation, was forced to leave the field due to an injury to her vocal chords. She switched careers and became a lower-paying author. Fortunately, she had 3 disability policies. Policy A had an own occupation definition that was paid for by her employer and was for $20,000 per year. Policy B, which she paid for, had an own occupation definition and was for $30,000 of coverage per year. Policy C, which was also purchased by her, had no occupation definition and was for $60,000 in coverage per year. Paulette

Explanation / Answer

The first step is to add together her incomes 20000+30000+60000= $110000 Find 33% of $110000= $36300 $110000- $36300= $73700

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