Does the Insurance Company Matter?

Long Term Disability

Does the Insurance Company Matter?

The quick answer is yes.  When considering the purchase of a long term disability policy, there are some important questions you should ask:

  • Can the company cancel my coverage or change the terms? Will my premiums increase?

    Look for coverage that is non-cancellable and guaranteed renewable:  your policy cannot be cancelled,  your plan provisions won’t change, and your rates cannot go up.

  • Will I be protected in my specialty?

    If you work in a specialized occupation, it’s important to find a provider that offers true own-occupation coverage:  You‘ll receive your full disability benefits if you can’t work in your own profession, even if you can work other jobs.  So if you are physically able to pursue another occupation while totally disabled in your own occupation, you’re not prevented from doing so.

  • Are partial benefits available?

    If you’re able to work but not to the extent you could before your disability – for example, because of reduced hours – you’ll still receive partial or residual disability benefits.

  • Can coverage be tailored to fit my unique needs?

    Because one size does not fit all – especially when it comes to protecting income – look for a strong base policy that also allows you to add flexible options to personalize your coverage.   Features like student loan protection and automatic benefit enhancement riders allow you to customize coverage for your current and changing needs.

Just as important as the policy available to you today is the stability of the company behind it so those benefits will be there should you need them in the future.  That’s why we’ve chosen to partner with  Berkshire Life, a subsidiary of Guardian Life, to offer plans that encompass all of these features. Berkshire Life, an LTD industry leader, provides comprehensive base plans with flexible plan options that can help you limit your costs and manage risk.

Should you need to file a claim, you’ll receive personalized guidance from an award-winning claims review team.   Learn more.

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Individual disability income products are underwritten and issued by Berkshire Life Insurance Company of America (BLICOA), Pittsfield, MA.  BLICOA is a wholly owned stock subsidiary of and administrator for The Guardian Life Insurance Company of America (Guardian), New York, NY or provided by Guardian.  Product provisions and availability may vary by state. Optional riders are available for an additional premium.

2018-59965 Exp. 05/2020

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