Featured Articles – Expert Disability Insurance

Own-Occ vs. Any-Occ Disability Insurance

Own-Occupation vs. Any-Occupation Disability Insurance

Tyler W Maddox / April 2, 2017

Not all Disability Insurance Policies define being “Disabled” the same. Own-Occupation Policies determine ability to perform your specific day to day job duties. Any-Occupation Policies determine ability to perform any occupation you may be qualified for at all.

Obviously, there is a significant difference between these two definitions of Disability. For some jobs, an Any-Occ policy is fine. But highly trained professionals need an Own-Occ Disability Policy. However, some Own-Occ policies have more comprehensive and “client friendly” provisions vs. others.

Retirement Savings Protection Rider on your Disability Insurance

Articles, Disability Policy Occupations, Featured Articles

Retirement Protection Rider for Disability Insurance

Tyler W Maddox / September 19, 2016

When your paycheck stops because of a disability, usually your 401k contributions stop as well. If you are disabled until age 65, you could be left without adequate retirement savings. Fortunately, you can add a feature called the “Retirement Protection Rider” to certain Disability Insurance Policies.

This Disability Insurance Rider will contribute a set amount to a qualified retirement plan while you are disabled. This feature is extremely important to ensure comprehensive income protection.

Articles, Disability Policy Occupations, Featured Articles

Disability Insurance; Key Features You Need

Tyler W Maddox / August 26, 2016

When purchasing a Disability Insurance Policy, it’s important to ensure your policy has some key features. Without certain provisions and features, your income protection could be at serious risk.

The first thing to make sure of is that your policy uses the “Own Occupation” definition of Disability. Some policies feature this as an add on, others have it built into the contract. But there are a few other important features.