Why “Supplemental” Long Term Disability Coverage Can Be Important

The term “supplemental” often refers to something being added to something else. This brief definition also refers to supplemental long term disability insurance. Should you have a basic long term disability policy, you may want to add one or more supplemental coverages. How might available supplements help protect your current and future earnings? Here are some examples.

• “Own occupation” coverage. Adding an own occupation rider or complement to your basic long term disability coverage can ensure that you’ll be eligible for continuing benefits until you are able to perform the duties of your specialty.
• Residual disability coverage. This provision allows you to become eligible for some benefits if you suffer, not total, but partial disability, which prevents you from performing some of the duties of your profession, but not necessarily all of them.
• Presumptive disability coverage. Instead of being subjected to a battery of medical tests, opinions, and speculations, this coverage considers you to be disabled if you lose, even temporarily, your sight, hearing, speech, or loss of use of two or more limbs. Benefits can commence after evidence of loss is available.
• Future increase options. This feature allows you to receive future disability income increases based on your higher earnings you generate in years to come.

There may be other supplemental aspects to your long term disability insurance quote available from your insurer, such as rehabilitation coverage. The above items are often considered to be the most significant. Websites that offer comprehensive information about supplemental coverages, like ProtectYourIncome.com, can help provide answers to your questions about useful additional protection. Refer to your insurance policy contract for specific information regarding your coverage and for actual terms, conditions and exclusions. The above statements are general in nature and may or may not reflect the actual terms of your insurance policy.