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Understanding Disability Insurance Policy Language for the Nursing Profession

Written on August 30th, 2018 by Blaise Dietz

For those not in the insurance business, reading a policy can be just like reading a foreign language. That is unfortunate, as you have every right to understand exactly what kind of coverage you have, and what the cost is for that coverage. This issue extends all throughout the insurance industry, from car insurance and homeowner’s insurance, to disability insurance and beyond. Before you agree to purchase disability insurance for registered nurse, you should first learn the basics of how to read your policy. Understanding the information contained in your policy will give you peace of mind in knowing exactly what benefits to expect should you need to make a claim.

Look for Declaration Pages

As a starting point, you can look for the declaration pages in your policy to pick up some important information quickly. These pages are going to have many of the key numbers that you will want to know. For instance, how much would your monthly benefit be if you made a claim, and for how long would you be eligible to receive that benefit? Also, how long will you need to wait before you can start to receive benefits? Simply be reading through these pages carefully, you will quickly gain a great understanding of what the policy offers.

Review the Definitions

The part of the policy which defines total and partial disability is another important area to review carefully. How is total disability going to be defined if you should need to file such a claim? If the definitions within your policy are too narrow, your claim may be denied for a variety of reasons. Make sure you are comfortable with the definitions as they are set forth before you proceed with taking out a policy.

Notice of Claim

Within your policy, there is also likely to be a section where your requirement to notify the insurance company of a claim will be outlined. You usually will not be able to wait an indefinite amount of time after becoming disabled before filing your claim. Along with things like your disability benefit amount and the length of your coverage, understanding your notice of claim timeline is another key piece of the puzzle.

Without a doubt, disability insurance policies are not compelling reading. They are legal documents, and they are written as such. However, it would be wise to learn how to read at least the basics of your disability insurance for registered nurse policy, as knowing what the policy covers – and what it doesn’t cover – could wind up being extremely important.

If you have any questions regard disability insurance for registered nurse, working with the team at Disability Insurance Coach is a great way to go. We have plenty of experience in this field, and we are always happy to help individuals track down the perfect coverage for their needs. When you are ready to get started, be sure that Disability Insurance Coach is the first place you turn. Thanks for visiting, and we hope to serve you soon!

About Disability Insurance Coach
About Disability Insurance Coach

Our highly trained and licensed coaches work with individuals and companies across the nation to secure the best disability insurance rates from A+ rated carriers.

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