Do You Have a Disability Case?
delete
The Survival Period in Critical Illness Policies

The Survival Period in Critical Illness Policies

Definition of Survival Period The survival period, also known as the waiting period, is the length of time you must wait after receiving your medical diagnosis to collect your critical illness benefit from your insurance company. The survival period is typically 30 days but this length may vary from one insurance policy to another. It is important to submit a claim for your critical illness benefits as soon as you are diagnosed with one of the illnesses covered under your policy. After reviewing your claim, the insurance company will wait until the survival period has...
delete
What happens to my LTD benefits after 24 months?

What happens to my LTD benefits after 24 months?

Significance of 24 Months For LTD Claims The 24-month mark is significant in long-term disability (LTD) claims (and LTD benefits) because of a provision known as the “change of definition of disability.” Upon initial approval of your LTD claim, you will have met the insurance company’s definition of total disability. This definition means that you are unable to perform the essential duties of your “own occupation” due to your illness or injury. In most disability policies, the definition of total disability changes at the 24-month mark from...