Disability Insurance Companies

Written by Patricia Tunstall
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Disability insurance companies are often general insurance companies, that is, they also sell medical coverage, auto policies, and home insurance. If you look at the types of coverage for disability insurance, you will find many common terms and benefits. Scrutinize the variations carefully, for they might mean the difference between a good policy you can afford and an inadequate policy that is still too expensive.

Insurance companies are online, and many have detailed, informative Web sites that will educate you with accurate material. Income protection insurance may be a necessity in today's precarious world, but you can still do comparison shopping to get the best for less. With the variety of plans available, you have excellent options from which to choose the right policy for you.

Exclusions on Disability Insurance

All disability insurance companies have exclusions, or situations that will make you ineligible for coverage. If you are required to carry a weapon in your job, you may not sign up for insurance. Being unemployed will also disqualify you. If you are pregnant, or soon will be, you are ineligible for disability plans.

Obviously, if you are currently dealing with a medical condition, you cannot qualify for insurance because you are already disabled, to one degree or another. The two major requirements for disability insurance are good health and good income. Since this insurance is designed to replace lost income, it stands to reason you must be employed, have a steady income, and make a reasonable salary.


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