Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about What Are the Levels of Disability? and other Disability Insurance topics.
There are both medical and insurance definitions of disability. The medical definitions are important if you need to file a total or partial disability claim. The insurance definitions are equally important to answer questions like, “What is permanent partial disability?” and other items that may determine your eligibility for benefits.
Some of the most common categories of disability:
Your medical information will dictate which definition of disability applies to you. Should your situation change from temporary partial disability to a permanent definition, your insurance company will calculate permanent partial disability payments and terms to reflect this new definition of your condition. It is important to become familiar with the definitions of disability and benefit levels related to each of those named in your disability insurance coverage.
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.