Keller, Lawrence B
How do you get disability insurance? You can apply for disability insurance through your employer, through the government or a private insurance company. Choose what type of insurance you’d like to apply for to determine who to apply with. After applying to your desired organization, you’ll ...
How would you manage? That’s the scenario that disability insurance helps to protect you against. Like many other Canadians, you likely wake up and then begin your workday, so you can pay for everything you need, from shelter to clothing to food. You might get to enjoy some “extras,...
Life can throw us some curveballs, and one of them might be the sudden cut-off or denial of your disability insurance benefits. This occurrence can stir up feelings of fear, anger, and frustration. The question then becomes – what next? How do you navigate this bureaucratic maze and get...
How Does Disability Insurance Work? Now that we have defined disability insurance, let’s dive deeper into how it works. When you obtain disability insurance, you pay regular premiums to an insurance company. In return, the insurance company will provide you with a portion of your pre-disabilit...
What is Business Disability Insurance? What is Mortgage Credit Insurance? Why Should I get Life and Disability Insurance? What is Mortgage Payment Protection? Discussion Comments Share WiseGeek, in your inbox Our latest articles, guides, and more, delivered daily. ...
Most people struggle with how much insurance they need and what type of insurance they should get. The amount of coverage you should get is basic math. You want enough coverage for your dependents to get by without your income. For example, a couple with two kids would want enough to cove...
Self-insurance is not allowed for all types of liability insurance. While self-insurance could save you money in the short term, it may be an expensive long-term plan if you cause an accident. This type of insurance plan is only viable for someone with a lot of available liquid assets...
Customization needs.Some life insurance policies offer “riders,” which allow you to customize or supplement your policy according to your needs. Some common riders include disability, accidental death, and chronic illness (also referred to as accelerated death benefit). ...
plans with less generous terms will typically carry lower insurance premiums. Some of the key features that affect insurance premiums in disability insurance plans include the length of theelimination period, which is