Which statement about Group Disability Income insurance is TRUE?

Group Disability Income insurance is designed to provide financial support to individuals who are unable to work due to illness or injury. The correct statement is that it provides benefits for nonoccupational illnesses and injuries. This is significant because it means that the coverage applies to health issues or accidents that occur outside of the workplace, thereby offering broader protection to policyholders.

This type of insurance is typically used to help employees maintain their income during periods when they are unable to work due to health-related issues, making it an essential aspect of many employee benefit programs. It's important for individuals to understand that this insurance is not limited only to injuries sustained at work; rather, it can encompass a wide range of health concerns that might prevent them from performing their job duties for a temporary or prolonged duration.

Understanding the scope of coverage is vital for effectively managing personal finances and planning for unexpected health challenges. Therefore, the true nature of Group Disability Income insurance being inclusive of nonoccupational illnesses and injuries highlights its critical role in supporting individuals during times of need.