One myth about disability insurance is that it is only for rare, catastrophic accidents. In reality, many rely on these policies to cover the income they’ve lost due to relatively common conditions such as heart disease, arthritis or even depression.
“I already have group disability.” Did you know that most group coverage does not cover bonuses and taxes? By adding individually owned disability insurance, you can complement the coverage you already have and be optimally protected.
True Own-Occupation Protection: If totally disabled, you’re able to receive your full disability benefits even if you’re gainfully employed in another occupation or capacity. And, while totally disabled in your own occupation, there may be instances where you can even work in your own business or practice and still collect your full disability benefit.