Disability Insurance Providers and Errors and Omissions Insurance: Protecting Your Practice Disability insurance is a vital safety net for individuals, offering income protection when illness or injury prevents them from working. Providers of disability insurance play a critical role in ensuring that clients receive the benefits they need when life takes an unexpected turn. However, […]
The Student Loan Rider on a Disability Insurance Policy The student loan rider should be considered for added peace of mind when buying a disability insurance policy. Disability insurance is a crucial financial safety net for many individuals, particularly those who rely on their income to manage daily expenses and long-term commitments. For many professionals, […]
Understanding the Differences in Disability Definitions When purchasing a disability insurance policy, one of the most important aspects to understand is how the term “disability” is defined. This definition forms the basis of when benefits are payable and what criteria you must meet to qualify for those benefits. Different policies use various definitions of disability, […]
Underwriting Disability Insurance with Mental Nervous Disorders When considering disability insurance, most people think of coverage for physical injuries or illnesses that prevent them from working. However, mental and nervous disorders (MNDs) also play a significant role in an individual’s ability to maintain employment. The Social Security Administration reports that 35% of disability insurance beneficiaries […]
Why Buy/Sell Disability Insurance is Crucial for Business Owners In the dynamic world of business, ensuring continuity and stability is essential. This is especially important when unforeseen circumstances arise. For business owners, one critical aspect of this stability is having a well-structured Buy/Sell Disability Insurance policy. This type of insurance is designed to safeguard a […]
The Pros and Cons of Using Text Messaging for Business In an increasingly digital and fast-paced world, communication methods are constantly evolving. One of the most prevalent forms of communication today is text messaging. Its use spans personal interactions to business transactions, including the sale of disability insurance. While there are numerous advantages to using […]
Selling Disability Insurance: A Storytelling Approach In the realm of insurance, few products carry as much weight as disability insurance. This crucial coverage often gets overlooked, yet it serves as a financial lifeline when life takes unexpected turns. To truly understand its value, let’s explore the benefits of selling disability insurance through the lens of […]
Disability Insurance Marketing Ideas Predicting which marketing trends will truly benefit your business is a significant challenge in any field, including financial advisory and disability insurance. Leveraging the right marketing trends can give you a competitive edge and create new avenues for business growth and reputation building. Below are top ideas that we believe will […]
The Essential Guide to Field Underwriting Disability Insurance Field underwriting is a crucial step in the disability insurance application process, serving as the first line of defense for insurance companies to assess the risk associated with a potential policyholder. For Advisors, effective field underwriting can streamline the application process, enhance the likelihood of approval and […]
10-Steps to File a Disability Income Insurance Claim No one ever wants to file a disability insurance claim. However, having the proper income protection before you need it will offer peace of mind at claim time. Filing a disability income insurance claim can seem daunting but with the right information and preparation, the process can […]