Can private disability insurance drop you after you receive SSI?

Answer

No, as long as it's guaranteed non-cancellable and renewable. If you've qualified for SSI ssa.gov then you ought to be collecting under your DI policy too.

Some policies will deduct the amount you receive from SSI when they make their benefit payment to you. It's calculated in the rates, so they are not cheating you. Many companies will also, at a charge pay you the SDI (State Disabilty edd.ca.gov and Social Security Benefit, if you are NOT receiving it - at an additional charge.

When the companies issue - underwrite your policy they take into consideration that you may qualify for SSI and that's why then generally only insure up to 50% of income.

First answer by steve shorr. Last edit by steve shorr. Question popularity: 87 [recommend question]