What if a breadwinner, business owner, individual
or an employee can’t work, because of an accident or health problem?
What plans to you have to pay the bills?
How long can you go without a paycheck?
A Disability Insurance Policy can provide you with up to 1/2 of your regular paycheck or business earnings. Social Security Disability and SDI might not be enough or work for you. Having coverage is very important as 1/2 of all bankruptcies involve medical issues.
Coverage up to 50% of earnings should come close to being equal to your current income, as you don’t have the expenses of going to work and lower taxes. One in Four of today’s 20 year olds will become disabled before age 67 and the length of time one is disabled is getting longer too. Standard Flyer *
The benefits are usually Income Tax free and of course, the Insurance Company wants to encourage you to go back to work, so they don’t want you to make too much by not working.
Take a look at the videos and brochures on this page,
Disability can Happen.org * Blog *
Where did your paycheck go – living confidently.com/protect-your-paycheck learn more about disability.
5 myths of pay check protection?
and our FAQ page to learn more.
Medical coverage under Health Care Reform only pays for 10 essential benefits, not lost income.
Group and Employer Disability Paycheck Protection
Reasons to get Disability Coverage for your employees
- It replaces a portion of an employee’s income if they should ever become ill or injured and unable to work.
- SDI State Disability Insurance may not be enough!
- Around 90 percent of all workers consider their ability to earn an income as their most important financial resource.
- Increased benefit choices can increase employee loyalty to the employer.
- Around 75 percent of employees consider benefits extremely important.
- Around 80 percent of employees say benefits provide peace of mind.
- Learn More – Blog Disability Can Happen.org *
Steve on Disability Income Protection
Video
Email [email protected]
Statistics from Disability Can Happen.org
Our other Webpages on Disability & Unemployment Coverage
Brochures
Business Owner – Overhead Expense Coverage
Blue Cross Long & Short Term, Voluntary and Employer Paid
Short.Term.Disability.Guide.to.Benefits.51.pages.
guide.to.benefits.voluntary.short.term.49.pages.
Long Term
Voluntary.Long.Term.Guide.to.beneifts.64.pages.
Group.Long.Term.Disability.Guide.to.Benefits.
General
Summary.BC.Disabilty.Guide. Quick reference guide
Life and Disability products Sales guide 24.pages
Insurance – Disability Calculators
Click here to calculate your chances of being disabled and how much income loss there might be?
Barry Shore – no relation – Real Estate Executive
Video
Barry Shore, a 55-year-old real estate executive, was enjoying a normal life when a rare neurological disorder struck suddenly, causing him to lose all movement in his body.
Throughout his ordeal, money is one thing Barry and his family haven’t worried about thanks to smart insurance planning. Disability insurance payments have replaced more than half of Barry’s income. And long-term care insurance has provided more than enough to pay for in-home care as well as physical, occupational and water therapy.
Swimming
Definition Total Disability – VIDEO
Own Occupation…
Disability Income Video's
Joe Inger
He had DI coverage
More Video's
Joel Canfield VIDEO
Monica Soltes story VIDEO as she did NOT have Disability Coverage
More Disability Video's from Life Happens.org
More Video's from Ameritas
Paycheck Video
Private Disability Insurance
Links & Resources
Disability can Happen.org * Blog *
Where did your paycheck go - living confidently.com/protect-your-paycheck learn more about disability.
Our webpage on SDI - State Disability Coverage
STRS State Teachers Disability
About Disability Insurance.com
Other stories from Life-Happens.org
Disability Insurance 101 Six Page pdf
Disability Buy – Sell
CA State Disability Insurance(SDI)
Disability Benefits cannot be liened against, garnished or taken in Bankruptcy ( CCP §704.130, CA JCC Form EJ 155, CA Claim of Exemption Info.,)
Consumer Links
Other Coverage’s to pay for various types of Disability
Mental Health Resources – Essential Benefit
106. (a) Disability Definition CA Insurance Code
"health insurance" specified disease insurance workers' compensation Long-term care.
State Teachers Retirement System
Disability and Survivor Benefits
Claims
Art Fries claim advise can help you
Disability Concepts.com - Gerry Katz - Disabilty Claim Consultant
Top 10 Disability Claim Mistakes LA Times.com
long term disability lawyer.com FAQs
Technical Resources
Law Help.org Disability
Mortgage Loan.com on buying a home for people with Disabilities.
https://californiahealthline.org/news/article/covid-long-haulers-disability-benefits-hurdles-frustration/
How would you pay your mortgage, bills, food if you were not able to work?
What medications do you take?
What conditions are you monitoring?
What is your most valuable asset?
McKennon Law Group goes into a pretty well detailed explanation here.
See our webpage on the 7 ADL’s Activities of Daily Living
Note also, the Lawton Scale
https://life.healthreformquotes.com/ltc/adl/
Is your risk protection package coverage up to date?
How many units of protection do you need?
Planning vs Policy
OK, to say No… Rejection
Goals, desire, action
What you think about, is what will happen?
Pandemic creates opportunity.
Emotion vs Logic & Reason
wealth replacement strategy
Here’s where we have the entire Social Security Disability Programs rules etc. The proofs of disabilty would be similar.
See our webpage on the “Plain Meaning Rule” which also includes a guide to contract interpretation and a video on how to read a statute. https://healthlaw.healthreformquotes.com/appeal-grievances/plain-meaning-rule/
See also our page on reading the full EOC Evidence of Coverage – Entire policy
https://individuals.healthreformquotes.com/definitions-glossary/eoc-platinum/
How do I show that I’m not able to do a sedentary job – computer work?
Here’s where we have the entire Social Security Disability Programs rules etc. The proofs of disabilty would be similar.
See our webpage on the “Plain Meaning Rule” which also includes a guide to contract interpretation and a video on how to read a statute. https://healthlaw.healthreformquotes.com/appeal-grievances/plain-meaning-rule/
See also our page on reading the full EOC Evidence of Coverage – Entire policy
https://individuals.healthreformquotes.com/definitions-glossary/eoc-platinum/
McKennon Law Group goes into a pretty well detailed explanation here.
See our webpage on the 7 ADL’s Activities of Daily Living
Note also, the Lawton Scale
https://life.healthreformquotes.com/ltc/adl/
Let me check this out
https://www.piu.org/business-disability-insurance/multi-life
Good Question –
Here is an example of a proof of claim provision from a Long-Term disability insurance policy:
What Information Is Needed as Proof of Your Claim?
The appropriate documentation of your monthly earnings
The extent of your disability, including restrictions and limitations preventing you from performing your regular occupation or gainful occupation
“proof of claim” provisions, sometimes called “proof of loss” provisions, also vary depending on the type of policy. Here, because this is from a Long-Term disability insurance policy, the insurance company is seeking information regarding the claimant’s disability, restrictions and limitations, occupation and earnings.
A failure to comply with the proof of claim provision gives the insurance company an easy reason to deny an otherwise payable claim.
In the vast majority of cases, the reason that an insurer denies a claim for long-term disability or short-term disability benefits is because of a determination that the medical evidence does not support the claimant’s assertion that he or she is unable to return to the workforce to perform the substantial and material duties of his or her occupation.https://www.mslawllp.com/faqs/disability-insurance-faqs/
The form and content of notice and proof of loss is determined by statute. See Cal. Ins. Code §§ 10350.5–10350.7.
What documents can one use to prove income, to qualify for coverage or to file a claim?
tax returns, W2s and/or pay stubs policygenius.com
FYI see our webpage on Covered CA proofs of income
https://individuals.healthreformquotes.com/covered-ca-tax-credits-subsidies-aptc/report-a-change/proof-income-accepted-documents/
If I get disabled on lose income, how do I show how much income I lost?
Good Question –
Here is an example of a proof of claim provision from a Long-Term disability insurance policy:
What Information Is Needed as Proof of Your Claim?
The appropriate documentation of your monthly earnings
The extent of your disability, including restrictions and limitations preventing you from performing your regular occupation or gainful occupation
“proof of claim” provisions, sometimes called “proof of loss” provisions, also vary depending on the type of policy. Here, because this is from a Long-Term disability insurance policy, the insurance company is seeking information regarding the claimant’s disability, restrictions and limitations, occupation and earnings.
A failure to comply with the proof of claim provision gives the insurance company an easy reason to deny an otherwise payable claim.
In the vast majority of cases, the reason that an insurer denies a claim for long-term disability or short-term disability benefits is because of a determination that the medical evidence does not support the claimant’s assertion that he or she is unable to return to the workforce to perform the substantial and material duties of his or her occupation.https://www.mslawllp.com/faqs/disability-insurance-faqs/
The form and content of notice and proof of loss is determined by statute. See Cal. Ins. Code §§ 10350.5–10350.7.
What documents can one use to prove income, to qualify for coverage or to file a claim?
tax returns, W2s and/or pay stubs policygenius.com
FYI see our webpage on Covered CA proofs of income
https://individuals.healthreformquotes.com/covered-ca-tax-credits-subsidies-aptc/report-a-change/proof-income-accepted-documents/
Let me check this out
https://www.piu.org/business-disability-insurance/multi-life
Here’s our webpage on California State Disability Insurance.
We are not sure of your question about medical benefits? Do you mean group health coverage from your employer? See also this health coverage guide.
COBRA – when your job ends, guarantees coverage for 18 months. However, the premiums are your responsibility. Get quotes for Individual coverage in CA. ACA/Health Care Reform provides for guaranteed issue, no pre-x clause coverage. You don’t have to wait for Open Enrollment, there is special enrollment when you lose employer coverage. If not in CA, try this NAHU National Assoc of Health Underwriters find a broker tool.
SHRM on when health insurance benefits terminate for a leave of absence.
Here’s more information on Short Term vs Long Term Disability Coverage.
I’m presently on STD Short Term Disability. I may have to utilize my LTD Long Term Disability benefit if I don’t improve.
My biggest question is “what will happen to my medical benefits on LTD. I’m with Lincoln.
Here’s our webpage on California State Disability Insurance.
We are not sure of your question about medical benefits? Do you mean group health coverage from your employer? See also this health coverage guide.
COBRA – when your job ends, guarantees coverage for 18 months. However, the premiums are your responsibility. Get quotes for Individual coverage in CA. ACA/Health Care Reform provides for guaranteed issue, no pre-x clause coverage. You don’t have to wait for Open Enrollment, there is special enrollment when you lose employer coverage. If not in CA, try this NAHU National Assoc of Health Underwriters find a broker tool.
SHRM on when health insurance benefits terminate for a leave of absence.
Here’s more information on Short Term vs Long Term Disability Coverage.