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
Maximum Benefit Period
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Disability income policies limit the amount of time income will be paid. Individual plans can be purchased with benefit periods ranging from one year to policies which provide an income until age 65.
Most plans limit the Benefit Period if the disability is due to a mental or nervous disorder, typically to a maximum of 24 months. NOTE: If your illness is not a mental disorder, but there are some mental symptoms such as short term memory loss, disorientation, even dementia due to either the disease or medication, make sure the doctor is clear in his or her statements about your symptoms so the insurance company won’t try to impose a two year limit on benefits.
Many plans, even plans that pay benefits to age 65, will reduce the benefit period if you become disabled after turning age 60. Many will pay benefits for only two years in such cases.