 |
 |
 |
 |
 |
 |
|
|
|
|
|
|
|
||||||||||||||||||||||||||||||
  
|
 Disability insurance is not intended to fully replace your income. The benefit should be sufficient to financially sustain you during your disability. The following policy provisions will impact the disability benefits you receive: Amount of Benefit The benefit may be a stated dollar amount or it may be a percentage of your income (typically 50 to 70%). Definition of Total Disability To receive benefits under a disability income insurance policy, you must meet the definition of total disability as defined in the policy. Most companies define total disability in two stages. At the beginning of the disability, you are considered totally disabled if your disability prevents you from performing the essential duties of your own occupation. However, at the end of a specified period (usually one or two years) you are considered totally disabled only if you are unable to perform any job suitable for your education, training and experience. Elimination or Waiting Period The policy will specify the number of days you must be disabled before qualifying for benefits under your disability income insurance policy. Waiting periods may be anywhere from 30 to 365 days. Benefit Period The policy will specify the length of time you will receive monthly benefits. Benefit periods can range from 1 year, 2 years or 5 years up to age 65 as defined by the contract. We offer optional benefits and features to customize your coverage. As always, we highly recommend that you sit down with one of our experienced account executives to discuss your specific needs, after which we will provide a detailed insurance strategy and quote for your business. |
|
|
|||||||||||||||||||||||||||
We are a United States company. We are licensed to sell Business Insurance in the following states: NC, SC, VA, GA, FL, PA, IN, MD
We are licensed to sell Personal Insurance in the following states: NC, SC, VA
|
||||||||||||||||||||||||||||||
