Transcript:

The amount of the benefit depends on the salary. Typically, the benefit is a percentage of the salary, for example, 60% (I’ve seen some policies which allow for 70% of the salary). It’s always some percentage of the salary. It continues during the entire period of disability up to a certain age. Typically, the age that the benefit terminates is 65. Sometimes the benefit continues until what’s called “the Social Security retirement age,” which could be more than 65, 66, or even 67 years-of-age.