Using Disability Insurance

What does an insurance company consider disabled?

The definition of a disability is very important in a disability insurance policy. The policy typically says that "due to an injury or sickness you are not able to work", and if you have a really good policy it will say "not only are you not able to do your own work, but in your specialty, if you have one". So if you're a litigating attorney and that's your specialty, getting in front of a courtroom, but you can't do that anymore, but you could become a trasactional lawyer, that policy might still say you're eligible for benefits even if you can't do what you used to do in your own occupation. So the typical scenario is, if you can't work and you're totally disabled, there are, every disability policy in America will pay you. But if it's a specialty problem, where you can't do your special occupation, then it's very important to read the fine print of a policy. That is why you also want to have an insurance agent that goes over these things with you so you're not buying a policy that's not going to pay you exactly. I have a doctor client right now who is a prominent physician and one of the policies he purchased before he met me did not insure him in his own occupation. The policy said, "We don't have to pay you because you're making good money at another occupation". So it's one of the most important parts of a disability policy, how they define disability.