Disability

Private Disability Insurance

search

Private Disability Insurance

See Also

Background

Covers inability to work longer than 90 days
Insures continued income not covered by other insurance

Definitions

Insurance based on occupation
1. Own Occupation Insurance (Professionals)
  1. Covers inability to work in own occupation
2. Regular Occupation (non-professional occupations)
  1. Covers inability to work in regular occupation
  2. Not specific to patient returning to his usual job
  3. Reverts to Any Occupation after 2 to 5 years
3. Any Occupation
  1. Covers inability to work in any capacity
Insurance based on duration
1. Short-term Disability (accident or sick insurance)
  1. Partial salary replacement for 13, 26 or 52 weeks
  2. Patient unable to return fully to work
2. Long-term Disability
  1. Follows 26 to 52 week waiting period
  2. Covers extended Disability
  3. First 1-2 years Total Disability Criteria
    1. Unable to perform regular occupation
  4. After first 1-2 years Total Disability Criteria
    1. Unable to perform any gainful employment
    2. Employment must be reasonably appropriate
      1. Education, training, and experience
      2. Physical and mental capacity

Protocol
Certification with Form DB-450

Complete accurately and completely to prevent delays
Define patient's diagnosis
1. Maintain confidentiality per local law
Express Symptoms and objective findings
Track important dates
1. Date of first treatment
2. Date of most recent treatment
3. Date of Disability onset
4. Date of anticipated work return (avoid "uncertain")

Resources