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Exam LLQP All Questions
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IFSE Institute Life License Qualification Program LLQP Question # 104 Topic 11 Discussion

LLQP Exam Topic 11 Question 104 Discussion:
Question #: 104
Topic #: 11

Paola, an employee at Horizon Pharmaceuticals, was recently diagnosed with depression. She is unable to work and is receiving tax-free disability insurance benefits due to her condition. Paola is deeply indebted, and her creditors have been garnishing a portion of her pay for the last year. She is worried about her creditors also garnishing her disability benefit.

Can her disability benefits be seized by her creditors?


A.

Yes, disability insurance benefits are seizable.


B.

Yes, but creditors can only seize up to 50% of her benefit.


C.

No, because the benefits are tax-free.


D.

No, because she is disabled.


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