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What is the monthly amount of Lorenzo disability insurance

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Reference no: EM133071188

Question - Lorenzo Baldwin is a marketing professional and earns $96,000 a year.  His monthly take-home pay is $4,800.  His wife works part-time at a community center but receives no benefits.  Under state law, Lorenzo's employer contributes to a workers' compensation insurance plan that would provide $2,250 per month for six months if he were disabled and unable to work. What is the monthly amount of Lorenzo's disability insurance needs, assuming that he will not quality for Medicare under his Social Security benefit?

Reference no: EM133071188

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