Own-Occupation Disability Insurance: The Pros and Cons
Own-occupation disability insurance is often considered the gold standard. So is a Mercedes Benz, but more of us buy a Chevy or Ford. All automobiles fulfill the essential need – transportation – but a Chevy or Ford can do it without the high sticker price. Likewise, all disability insurance policies provide paycheck protection, but an […]
What Is Own-Occupation Disability Insurance?
If you’re comparing disability insurance policies, you’ll noticed they have different definitions of disability. This is a big deal. If you ever have to file a disability claim, the definition of disability can determine whether you qualify for monthly disability benefits. But what is own-occupation disability insurance? Own-Occupation and Any-Occupation Disability Insurance An any-occupation disability […]