What “definitions of disability” might be present within my short-term or long-term disability insurance policy?
A. Policies differ in what exactly they label a “disability”. It is important for you to look closely at your policy’s definition of disability before purchasing. A policy could use the words “total” and “permanent” when describing disabilities that are granted coverage. Other policies use words such as “partial” or “temporary”. This information is essential to know. Without it, you as the policyholder could potentially be denied coverage in the event of a disability. Also the “occupation” language varies in policies. The “occupation” segment of the policy states the skills the disabled must not be able to perform in order to acquire benefits from the policy. Some policies use the wording, “own occupation,” when referring to the activity the disabled is unable to perform. This is the job the disabled had at the time of the injury or onset of sickness. The other term, “any occupation,” refers to the job or skills that the disabled has had the necessary training to perform, but is not ne
Related Questions
- Can I receive social security benefits, in-the-line of duty disability benefits, short-term or long-term disability benefits and workers compensation benefits at the same time?
- What "definitions of disability" might be present within my short-term or long-term disability insurance policy?
- Can the voluntary short-term disability be used together with the long-term disability plan? How?
