Frequently Asked Questions

The cost of the policy is dependent upon a number of factors:

• Does the policy consider you disabled if you can’t work in any occupation, or if you can’t work in your occupation?
• Is the policy non-cancelable and guaranteed renewable, or can the insurance company raise the premium or cancel your policy?
• What are the financial strength ratings of the insurance company?
• Age
• Gender
• Health
• Occupation (specialties with invasive procedures may pay more)
• Optional benefits added to the policy such as inflation protection, residual benefits and the ability to increase your policy at a later date with no medical exam.

The best time to buy a disability policy is most likely when you are young and healthy since premiums are based on age and health status.

1. Complete the insurance company application for your state.
2. Upon receipt of the application, a local examiner will contact you to schedule an exam at your convenience (home or office).
3. You may be required to complete a telephone interview.
4. The process typically takes three to six weeks depending on your medical history.

It depends on the type and level of the problems. The insurance company could:

• charge a higher premium
• exclude the condition from the policy
• decline the insurance

Absolutely! This is one of the best times to apply. Please check out our young professionals page or get a free quote.