Individual Disability Income Insurance:
Are all Disability Income policies the same? No, there are many different kinds of Individual policies available. There are many things to consider when protecting your income. You need to know how long will the policy pay, how long until it starts paying claims, how do the riders work with inside the policy, can my premiums change, can your policy be canceled, will it cover you 24 hours a day 7 days a week, what are the residual benefits, what are the recovery benefits and last but not least, what is the definition of disability?
Knowing the answers to all these questions is very important. Work with a professional to make sure you get what you need. Remember, you get what you pay for.
