How Familiar Are You with Your Disability Policy?
Here are some questions to consider when evaluating
is the definition of a “disability?”
the policy cover accidents and sicknesses?
benefits available to total disability only or total and partial
“return to work” benefits available even if you are not disabled?
percentage of your income will the policy replace in the event of
your premiums be increased in future years?
long must you be disabled before premiums are waived?
there an option to buy additional coverage at a later date, without the
need to prove your insurability?
the policy offer inflation protection?
the policy pay full benefits even if you are able to work after a catastrophic
disability such as losing your hearing, eyesight, or the loss of a limb?
As with any insurance, it’s best to know how your policy
works before you need to file a claim.
Give us a call today and we will be glad to review your current coverage
or advise on a new policy.