A
professional such as a doctor, an engineer, entrepreneur, business owner,
executive, lawyer is the one on whom the daily needs of a person depends. These
professionals should remain healthy, however unfortunately if any disability or
illness happens which prevents the person from working the Disability Insurance
for Professionals becomes a boon. These
insurance plans provide numerous benefits and proves to be an asset. The
benefits include; total disability benefits that are an assured amount would be
provided each month if the injury completely stops the person from working. Also,
residual or partial disability benefits compensate for your loss if due to
injury you can just work part-time. The rates and benefit periods can change
after a person attains the age of 65, till then it's consumer's choice for
selecting the period for which he/she wants to receive the benefits; it can
range from years to age of 65. Also, the consumer has the right to decide the
premium type he wishes to. A benefit is that of work assistance that is the
insurance company pays for rehabilitation services or modifications at work
sites. Disability does not only just include chronic diseases or illnesses but
severe conditions such as HIV-AIDS or Hepatitis; this also is included under Disability Insurance for
Professionals.
The
biggest advantage is that these policies can be kept even on changing jobs.
There is an eligibility criterion which has conditions like an age limit and
permanent citizenship of the country. The Disability Insurance for
Professionals is best suited for
persons who are either non salaried or high salaried executives. The premium
amount which you have to pay depends on factors like your age, gender,
occupation and options which are suitable for you. It is advisable to purchase
a disability policy early in the career to get low priced premium rates. The
process of getting insurance is simple; just answer questions and fill in your
details and request for Term Life
Insurance Quotes, and then you would
receive the proposal and application via email. The insurance requires knowing
about earned income, health risk and verification of the occupation. These are
forms with questions that will analyse your requirements such as your premium
amount, benefits which you want depending upon your budget.
Term Life
Insurance Quotes are important as they analyse and
compare the insurance policies that match your needs amongst the top rated
insurance companies. It is rightly
said that you must Think and Act; similarly you must compare the rates across
all companies and then choose your insurance plan. These disability insurances
have become a necessity for it covers the risk factors in future and the very
uncertainty of life. Your life is a precious gift which you have received, do not take it for granted for
you can never be sure of what is going to happen to you, each day, each hour,
each minute it is a risk, get yourself insured. Stay happy and lead a peaceful
and a life free from tension.
About the author:
Just
visit the site http://www.omnimedfinancial.com/
for more details.
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