Which policy provides periodic income to the insured while they are disabled from a covered accident or illness in a group setting?

The Group Disability Income Policy is designed specifically to provide financial support to individuals who are unable to work due to a covered accident or illness. In a group setting, this policy delivers periodic income to the insured, which helps to replace lost wages during the period of disability. It acts as a safety net for employees, ensuring that they have some level of income while they recover. This type of policy is often part of employee benefits packages, enhancing overall financial security and promoting peace of mind during tough times.

Other options like Basic Medical Coverage and Major Medical Insurance primarily cover healthcare expenses rather than providing income replacement. These policies typically assist in paying for medical treatments and hospital stays but do not directly address the loss of income that occurs when an individual cannot work due to a disability. The Accidental Death and Dismemberment Policy focuses specifically on compensation for accidental injuries or death rather than offering ongoing income support to the insured while disabled. Therefore, the Group Disability Income Policy is clearly the most suitable choice for providing periodic income during a disability in a group context.