Yakezie.com - Topic: Help With Long Term Disability Insurance??? https://yakezie.com/forums/personal-finance/help-with-long-term-disability-insurance/ Simple:Press Version 4.5.1 jazzalbart on Help With Long Term Disability Insurance??? https://yakezie.com/forums/personal-finance/help-with-long-term-disability-insurance/#p83161 Personal Finance & Lifestyle https://yakezie.com/forums/personal-finance/help-with-long-term-disability-insurance/#p83161 Well, No one understands your financial situation better than you. That means you should avoid letting someone else tell you how much protection you need. You can get a rough estimate of your insurance needs by adding together your debt and estimated funeral costs to get a best solution.

]]> Sun, 19 Aug 2012 22:38:47 +0000 patcassidy on Help With Long Term Disability Insurance??? https://yakezie.com/forums/personal-finance/help-with-long-term-disability-insurance/#p80453 Personal Finance & Lifestyle https://yakezie.com/forums/personal-finance/help-with-long-term-disability-insurance/#p80453 Are you looking to buy an individually owned policy? Those are good pointers to look out for. Try looking up quotes on aggregator websites that sell life insurance, short and long term disability insurance. For the lowest rate, you'll have to elect to receive benefits after the longest waiting period possible. Don't only rely on LTD to pay for care costs, have a plan B in place in case the Maximum Daily Benefit allowable on the policy is not enough.

Pat Cassidy
Disclaimer: I work for AccuQuote and this is my personal opinion.

]]> Thu, 05 Jul 2012 03:10:06 +0000 Sandy @ yesiamcheap on Help With Long Term Disability Insurance??? https://yakezie.com/forums/personal-finance/help-with-long-term-disability-insurance/#p80126 Personal Finance & Lifestyle https://yakezie.com/forums/personal-finance/help-with-long-term-disability-insurance/#p80126 Are you talking long term care or long term disability?

]]> Thu, 28 Jun 2012 13:43:41 +0000 Money and Risk on Help With Long Term Disability Insurance??? https://yakezie.com/forums/personal-finance/help-with-long-term-disability-insurance/#p79405 Personal Finance & Lifestyle https://yakezie.com/forums/personal-finance/help-with-long-term-disability-insurance/#p79405 The first thing that you need to get is a sample policy.  The insurance agent should get this to you easily for the companies that he/she is recommending.  It's going to be very difficult to get own occupation clause and expensive.  Just be aware of that.  (This is due to the abuses that doctors did on the LTD industry years ago). 

 

You have to understand the payout/claims sections very well to make sure that you can get payout.  It's all about the little things and read all the fine prints.   Make sure you use an agent that specializes in and understands disability WELL. 

 

If it's done right, there should be no problem.  One person has been collecting since he turn 40 due to a car accident.  He's been collecting with no problems for 10 yrs now. 

]]> Thu, 14 Jun 2012 12:12:00 +0000 Sunil from The Extra Money Blog on Help With Long Term Disability Insurance??? https://yakezie.com/forums/personal-finance/help-with-long-term-disability-insurance/#p79174 Personal Finance & Lifestyle https://yakezie.com/forums/personal-finance/help-with-long-term-disability-insurance/#p79174 has anyone shopped around for LTD insurance before? i am struggling to determine the best provider to go with...

mainly concerned with the strength of the provider, existence/payout history (ability), favorable terms & conditions (have heard many are impossible to collect from when the time comes).

as far as riders, so far i know i want:

  • own occupation clause
  • cola rider
  • residual / partial benefit rider

anything else that i missed which you recommend? anything in particular to look out for in the riders above?

thanks a ton for your help in advance

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