| The idea of being sick, out of work, and | | | | want to select a disability insurance company |
| inmobile real stinks, but hey, stuff happens. | | | | that will be there when/if you need them. And |
| And that's precisely why you may want to | | | | be sure that each company give you a fresh |
| consider purchasing disability insurance. | | | | earful on just what they define as |
| What if an ordinary spin down the strip on a | | | | "disabled." |
| sunny day leaves you twisted up like a | | | | |
| pretezel and being cut from the wreckage of a | | | | Upon researching and finally settling on a |
| mangled VW Beetle? How will you support | | | | disability insurance carrier, ask for |
| yourself and family? Do you have enough money | | | | disability insurance quotes of the various |
| saved to cover three or four months worth of | | | | options available. Disability insurance |
| rent, ultilities, and credit card bills? What | | | | generally falls into one of two categories: |
| if you are unable to work for a whole nine | | | | short term disability and long tern |
| months, or even a year? Would you still be | | | | disability. Short term disability is |
| able to foot the bill of your monthly cost of | | | | generally defined as an illness or injury |
| living then? | | | | that keeps you from work for up to six |
| | | | months. Long term disability is coverage for |
| Disability insurance is designed to replace a | | | | injury or illness related income loss that |
| portion of your income should you become | | | | commences at one year of disability. |
| unable to work do to sickness or injury. | | | | |
| Disability insurance benefits have | | | | Here are a few questions to ask your |
| historcially covered approximately 45% to 65% | | | | disability insurance carrier: |
| of your gross income. Although this varies | | | | |
| depending upon the insurance carrier and the | | | | Is the insurance short term or long term? |
| benefits that you are entitled to, as | | | | |
| stipulated by your policy. Disability | | | | When does the disability insurance coverage |
| insurance companies and the policies that | | | | begin? |
| they draw up in representation of the clients | | | | |
| can be as different as night and day. | | | | What is the amount of the benefits? |
| | | | |
| There are several options and terms to | | | | How long does the insurance coverage lasts? |
| evaluate in an effort to settle on the most | | | | |
| important factor of determining the insurance | | | | How are claims paid?and Can the disability |
| carrier to purchase the disability insurance | | | | insurance coverage been renewed once it has |
| coverage from. Take this seriously-you'll | | | | been used once already? |