KS Law | Florida Disability Insurance

disability insurance policy

Disability Insurance Policy Claims

What is a Disability Insurance Policy?

Many professionals, a doctor, lawyer, engineer, chiropractor or scientist, including other professions, are solicited by insurance companies and agents to purchase disability policies. In exchange for a payment of a monthly or annual premium, the insured receives coverage by the insurance company stating that in the event of an injury or sickness that results in a partial or permanent disability, by definition and scope of the contract, the insured will receive monthly, quarterly, or annual payment of benefits for a duration of time described in the agreement, which can be for a specific term, or for life.

The application process is generally very tedious and confusing due to the amount of probing into past medical history by the insurance company. These policies provide the individual with a sense of... http://insurance-car.ucoz.com/news/disability_insurance_policy/2013-05-23-2388