answersLogoWhite

0


Best Answer

You will need to check your disability policy for this answer. This is because the disability policy is a contract. Like other contracts, it defines the rights and obligations of the parties to it (you and the insurer). As long as the policy does not violate the legal requirements of the State in which it is issued, the terms of the written policy will usually be enforced.

Generally, in return for your payment of a periodic premium, the insurer has agreed to compensate you for a range of losses outlined in the policy. In the case of a disability policy, the insurer has agreed to, in effect, replace all or a part of your income if the cause of the loss comes within the scope of the policy and if other conditions are met. In all cases, the policy must be in force when the disability occurs.

The two major types of disability policies are "own occupation" and "any occupation". In the "own occupation" type, which tends to be more costly, you may be entitled to benefits if you are unable to perform the material duties of the occupation that you held at the time of disability. In the "any occupation" type of policy, it is usually necessary that you are rendered unable to work at all in any field for which you are qualified.

The insurance policy will also specify an "elimination period". This is the period of time that a covered disability has to exist, and that you are unable to work, before benefits become payable. This is usually expressed in terms such as 30, 60, or 90 days. During that time, the policy will not pay, even for a covered loss; instead, if the disability persists, payment will start once the elimination period has been satisfied. Typically, the longer the elimination period that you selected when you bought the policy, the lower the premium charged by the insurer. You are essentially "self-insuring" for that period, rather than transferring the risk to the insurer, and that will be reflected in the premium.

The insurance policy will also specify the duration that payments will be paid. It may be for a finite period (for example, 5 years), or until the attainment of age 65. In all events, payments will cease ay such time as the disability may end.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What disabilities qualify for benefits under disability insurance?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What disabilities qualify for permanent disability?

severe depression


Can you collect disability insurance for an ulcer?

This depends on the type of Disability insurance you have and also how bad the ulcer is. Normally, individual and group Disability insurance requires that you be unable to perform the material duties of your current occupation, in order to qualify and receive any benefits. If the ulcer is preventing you from working in your job, then there is a chance you may qualify for benefits. If it does not affect your ability to work, then you should not expect to receive benefits. If you are counting on Social Security Disability, you should not expect to be paid disability benefits. Social Security is significantly more difficult to qualify for. You must essentially be unable to do any form of work, in order to be considered disabled and eligible for benefits.


Does a person with eating disorder qualify for disability benefits?

no


If someone has nystagmus can they receive disability?

If the Nystagmus condition this person has is severe enough, then yes they can qualify for Disability benefits. However it is not the simple fact of having Nystagmus that will enable them to receive Disability benefits.Disability insurance companies and Social Security disability do not look at the specific condition a claimant has, but more so the effect this condition has on the person's ability to work. Disability insurance will only pay benefits when a person is prevented from working due to an illness or injury.Therefore, if the Nystagmus prevents a person from being able to work, then depending on the Disability insurance policy they have, there is a good chance they can qualify for benefits. If the Nystagmus causes does not prevent the person from being able to work, then they will not be eligible for benefits.


Could you collect disability if your employer does not provide disability it and your work requires you to be on your feet and have to have foot surgery and be off work for two months?

There are two ways that a person can receive Disability benefits: from Social Security and/or from an employer or individual Disability policy. If your employer does not provide Disability insurance coverage and you do not have your own individual Disability coverage, you will not be able to receive disability benefits, unless you live in a state that has a state-sponsored plan. In order to receive benefits from a Disability policy, you must actually own one or have coverage through your employer. Additionally you must satisfy the requirements of the contract in order to receive benefits. Social Security benefits only pay benefits on disabilities that are expected to last longer than 1 year or end in death, so you would not qualify for Social Security benefits.


How do you apply for Short term disability in Texas after delivery?

Texas does not have a state mandated short term disability insurance program. In order to qualify for benefits, you must apply for supplemental short term disability before you conceive.


Do you qualify for disability if you are not able to work 3 weeks out of the month because of illness?

You would need to check with your disability insurance carrier to determine this. Depending on your plan and your plan's successive disability period, you may or may not be eligible for intermittent disability benefits.


Does diabetes qualify for social security disability insurance?

yes/


What are the terms for one to qualify for the Prudential Disability Insurance?

To qualify for Prundential Disability Insurance you have to consult your local Prudential office. They offer insurance on a case by case basis and have the full right to deny anyone applying.


Does osteoarthritis qualify you for disability benefits?

That depends on where you are. In Australia for instance if you are disabled as the result of any thing you qualify.


Can you collect temporary disability due to alcohol related job loss?

If you have had a disability insurance policy in place at the time you lost your job due to alcoholism, and are being treated for this condition, following a recovery program prescribed by your doctor, you can qualify to receive disability benefits.


Do I qualify for disability insurance if I am blind?

If a person is blind they could potentially qualify for disability insurance. There will still be other factors that are considered like, income, assets, and other financial restrictions that may be put into place.