What Does The Term “Disability” Mean In My Disability?
There is no uniform definition of disability. You have to get your policy and review it closely. Disability is one of the most litigated policy terms because when you file a claim for disability, the insurer has to determine if you’re disabled based on the definition of disability within the policy.
What are all the Various Types of Disability Policies?
There are “Own Occupation” disability policies which will pay a policy holder if they’re unable to engage in his or her own occupation.
Other policies are known as “Any Occupation” policies that pay if you’re unable to engage in any occupation but you’re reasonably suited to buy your training or experience. There are also policies that will pay benefits in comparison to your financial earnings prior to your date of disability and your income after you become disabled. You might be unable to perform duties of any occupation but if you don’t suffer a loss of income, you may not qualify for benefits.
What You Should do if you are Thinking About Applying for Benefits
If you have any questions about the terms of your disability policy and you’re thinking about applying for benefits, it’s time to contact Private Disability attorney Nancy Cavey, who can help you understand the terms of your policy and pick the right date to become disabled. Contact her today at 727-894-3188.