Disaster Preparedness: 10 Reasons to Help Clients Protect Their Paychecks
Natural disasters like wildfires and severe storms have gotten a lot of attention recently – and for good reason. These disasters can strike at any time, often leading to absolute devastation, so disaster preparedness is critical. You can say the same about a disability. Why Disability Preparedness Deserves More Attention A disability is typically an […]
Buying a Disability Insurance Policy? Check These 8 Features First
Agents: Share This Article with Your Clients! Buying a disability insurance policy is a smart way to protect your paycheck. It’s also an investment. Just like you wouldn’t buy a car without thinking about all the features you absolutely need and the features you would like to have, you shouldn’t buy a disability income insurance […]
Disability Insurance Policy Language 101
Trying to understand a disability insurance policy can be like trying to learn a foreign language. There are so many industry terms, and if you don’t know them, you could misinterpret key aspects of coverage. To help clear up any confusion, review the policy language glossary below.
Seven Hidden Benefits in Your Client’s Disability Insurance Policy
Do your clients know about all of the benefits that are found in their disability insurance policies? Probably not! An important part of selling DI and having your clients keep their valuable coverage inforce, is to make sure they know about all of the benefits the coverage provides! Many may have some knowledge of their […]
Why Disability Insurance Policy Language Matters: The Catastrophic Rider
The catastrophic rider is an option with most disability insurance carriers, but many insurance producers are unsure of how it actually works. The intention of the rider is to pay out additional benefits in the event of a catastrophic type disability with the assumption that there are increased costs and additional expenses in that type […]
Your Disability Insurance Swiss Army Knife: 7 Essentials
If you own a Swiss Army knife, you know it’s an all-in-one, get-everything-done contraption. It also has adapted over the years with changing times. Back during WWII, soldiers could use the tool to do everything from opening food tins to cleaning their weapons. Since then, the Swiss Army knife has changed with the times by […]
Why Disability Insurance Policy Language Matters: Waiver of Premium
Waiver of premium is a feature that is commonly offered on individual DI policies. In fact, I would bet that most of us hardly give the feature a second look on a DI illustration. It’s just assumed that if the client is disabled, the premium payments will stop until the client is back to work, […]