Content Overview 
- Summary
- Types Of Disability Insurance Policies
- Definition of Total Disability
- Partial Disability Definition
- Elimination Period (Also Known As "Waiting Period")
- Benefit Amount
- Maximum Benefit Period
- Exclusions And Limitations
- Partial Disability or Residual Benefit
- Rehabilitative Training Or Employment
- Recurring Disabilities Provision
- Waiver Of Premium
- Riders: Guaranteed Insurability, Social Security Offset, Cost Of Living
- Insurance Company Financial Situation: How To Check
- Taxation of Benefits
- What To Expect When Applying For Disability Insurance
Disability Income Insurance: Individual: 101
Exclusions And Limitations
Next » « Previous8/16
All plans have exclusions -- reasons the plan will not pay benefits -- or limitations on the maximum benefit period such as the Mental and Nervous limitation just mentioned.
Disabilities for the following reasons are usually excluded from coverage completely:
- Pre-existing conditions.
- Declared or undeclared war.
- Injury incurred while participating in the commission of a felony.
- Work-related injury which is usually covered by Workers' Compensation Insurance. To learn more, see Workers' Compensation.
- Substance abuse, although some plans will pay benefits provided the claimant is participating in an approved treatment program.
- Self-inflicted injuries.
Please share how this information is useful to you.
0 Comments
Post a Comment Have something to add to this topic? Contact Us.
Get Your Personal Guide
