Wednesday, July 23, 2008
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Individual Disability Income

Individual Disability Income insurance is designed to protect your most important asset, your income! Individuals who are self-employed face the possibility of "loss of income" due to an unexpected illness or accident. Individual Disability Income (DI) insurance provides a replacement of a PERCENTAGE of that income. Proof of income (a copy of the most recent tax return) is required when applying for this coverage.

It is very important, when evaluating and/or purchasing a DI policy, to understand what the definitions and accompanying benefit levels are. A professional insurance broker can help answer your questions.

Plan Features
Optional base benefit increase.
Cost of living adjustments (COLA).
Own occupation coverage.
Any occupation coverage.
Partial disability benefits.
Your choice of elimination periods.
Your choice of duration of benefits.



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The above reflects a brief summary of the plan features available in the above program. Please refer to the full product description for complete details and plan imitations. Information provided here is for informational purposes only and does not constitute any obligation on the part of InsuranceLook.com. Individual policies may vary please consult with your broker about individual policies.