|
 |
|
Disability Income
Insurance
|
|
What would you do
if you became disabled and could not work? How would you pay your
rent or mortgage, make your car payments, buy groceries, save for
retirement, etc…?
When selecting a disability income insurance policy, it is important to consider
the following:
- Renewability Provisions - Is the policy non-cancelable or
guaranteed renewable?
- Definition of “Total Disability” - How does the insurance
company define disability? Does the policy have a “true own
occupation” definition, “a modified own-occupation”
definition, or an “any-occupation” definition?
- Residual Benefits
- Other Policy Options To Consider
- Waiver of Premium
- Future Increase Options or Additional Purchase Options
- Automatic Increases
- Cost of Living Adjustments
As you can see, not all disability income insurance policies are
the same. Allow R.K. Tongue to help you choose which
disability income insurance policy is right for you. We will
listen to your specific needs and offer a solution to help meet
those needs. |
| |
|
|
