Disability Insurance Articles
The Top 20 Occupations Buying Disability Insurance
by Bill Olmsted
E-Mail Bill Olmsted
For the past decade, DisabilityQuotes.com has provided long term individual disability insurance quotes to individuals nationwide. In that time, we have seen tens of thousands of people request quotes and buy policies. In a recent review of the data of those who purchased a policy from our firm, it was interesting to see which occupations actually purchased an individual disability insurance policy, and with what optional policy features that compliment their occupation. Is your occupation on the list? Do you have your own individual disability insurance policy?
As you can see, there are a few aspects of a ProVider Plus policy that routinely recur as important benefits to clients. ProVider Plusí true own occupation definition of total disability available to those in the medical and dental fields provides true specialty level protection. Furthermore, for those occupations that are not salary based, but whose income is derived from performance, or fee for service, ProVider Plusí recovery benefits built into the Residual Disability Benefit Rider* can be extremely valuable, providing income once the insured has returned to work but still suffers a loss of income due to an injury or sickness.
There are certainly many other occupations that should consider protecting their income with a good quality individual disability insurance policy. The list above is simply our experience over a decade of helping people secure their income. If your occupation is on the list (or even if it isnít), and you havenít taken the step to request a quote, Iíd encourage you to do so!
Disability income products underwritten and issued by Berkshire Life Insurance Company of America, Pittsfield, MA, a wholly owned stock subsidiary of The Guardian Life Insurance Company of America, New York, NY. Product availability, provisions and features may vary from state to state.
*Optional riders are available for an additional premium.
*William Olmsted, Registered Representative of Park Avenue Securities, LLC (PAS), 1355 Piccard Drive, Suite 380, Rockville, MD 20850. Securities products and services are offered through PAS, 240-683-1400. Field Representative, The Guardian Life Insurance Company of America (Guardian) New York, NY. PAS is an indirect, wholly-owned subsidiary of Guardian. PAS is a member of FINRA, SIPC.
The views and opinions expressed herein are solely that of the author and do not reflect the views and opinions of The Guardian Life Insurance Company of America, or its subsidiaries or affiliates thereof.