disability

Why “Own Occupation” Disability Insurance is Important

By Bob Bland
Why “Own Occupation” Disability Insurance is Important

What is Own Occupation Disability Insurance? You may have heard that if you’re looking for disability insurance, you should be looking  for “own occupation” coverage. In the past 20 years of working with clients to protect their income, I’ve heard it called “owner-occupation”, “owner-occupied”, “own-occ,” and a variety of other derivatives of the correct terminology “own occupation,” but the basic concept is that it’s a type of disability insurance  that pays if you can’t do…

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Anxiety Disorders and Disability Insurance

By Karla Sullivan
Anxiety Disorders and Disability Insurance

Approximately 40 million American adults ages 18 and older—or 18.1 percent of the adult population—suffer from an anxiety disorder, according to new figures from the NIMH.

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Chronic disease could harm disaster readiness

By Consumer Insurance Guide Staff
Chronic disease could harm disaster readiness

People with incurable diseases like diabetes and those who suffer from other types of disability are less likely than their healthier peers to be adequately prepared in case of a hurricane, tornado or other natural disaster, according to research set for publication in next month’s American Journal of Preventive Medicine.

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Three methods to increase disability income benefits

By Wes Lind
Three methods to increase disability income benefits

Since the primary reason for purchasing a disability income insurance policy is to replace any income that may be lost due to a disability, it’s imperative to have an adequate amount of coverage in place before a disability occurs.

Edward E. Graves, author of “McGill’s Life Insurance” says there are three methods a non-disabled person can employ to make sure their benefits are enough to support their income prior to a disability. The general rule of thumb is if you received a raise or your expenses have increased, so should your benefits.

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