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 […]
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 […]
Disability Insurance and Pregnancy Disability income insurance before and after pregnancy is a frequent topic we’re asked about. Advisors and clients have questions if pregnancy is covered by disability insurance and when benefits might be payable. Sarah A. from Team dibrokerWest recently sat down with Jed Poland, Regional Director of Sales to answer many common […]
Showing the Need for Disability Income Insurance Your disability income insurance sales pitch should always start by showing the need for DI. While insurance agents and financial advisors know DI, the typical consumer has probably never heard of disability insurance and therefore doesn’t understand it’s value. Without an income, everything else becomes challenging. From necessities […]
DIAM – Real Life Story: Scott Rider For Scott Rider, it wouldn’t be a stretch to say that running was his life. In college he was a three-time Big Ten Champion, two-time All American, and later competed in the Olympic trials. His running sustained him as he charted out his career in financial services. It […]
How Social Media Can Grow Your Disability Insurance Business Social media marketing is a useful – and free – marketing tool that can help businesses flourish. In our new socially distant world, social media can provide a new way to stay in touch with current clients – and more importantly reach new potential clients. For […]
3 Big Mistakes Small Businesses Make with DI Many small business owners have purchased disability income insurance to protect their salary. That’s great news! Having a personal disability insurance policy will replace part of your clients own income if he/she were unable to work due to an illness or injury. But, if that’s the only disability income […]