The Serious Illness Supplement Benefit is an endorsement to your disability policy that pays an additional 50% of your monthly benefit if your total disability was solely due to cancer, stroke, or heart attack. This added benefit is payable for up to 12 months during the life of your policy.
You do not need to apply for this benefit. The Serious Illness Supplement Benefit endorsement is added to your policy if you do not have any health concerns at the time of your application. There is no added cost for this benefit, you just need to be healthy in the eyes of the underwriters at the time you apply. This is another reason why you should apply for individual disability insurance while you are young and healthy.
More Benefits Were They Are Needed The Most
Of all of the possible things that can disable you, about 90% of possible causes will arise from illness and the rest from accidents. Some of these sicknesses are due to cancer, stroke, or heart attack. New cases of cancer amount to about 454 out of 100,000 people.1 Stroke is the leading cause of serious long-term disability 2 and every year, about 790,000 Americans have a heart attack.3