What is Presumptive Disability?

If you have a disability insurance policy, you’ll want to know that you have enough coverage to pay for your needs throughout the lifetime of your disability. If you become permanently disabled to the point where you are no longer able to conduct your work, you’ll want to make sure that your policy will continue paying for your benefits as long as you need them.

That’s where presumptive disability insurance comes in. Keep reading to learn more about this type of coverage.

Presumptive Disability Insurance

Presumptive disability insurance will pay full benefits, potentially for the rest of your life, if you sustain an injury or illness so significant that total disability can be purported.

Total disability coverage will pay out for any eligible injury or illness that prevents you from earning an income as stated in your policy’s definition of disability. However, it’s common for disability insurance policies to also offer a provision for presumptive disabilities.

Presumptive Disability Implications

You may qualify for presumptive disability coverage if you endure the following:

  • Loss of speech
  • Loss of hearing
  • Loss of sight in both eyes
  • Loss of at least two limbs

There’s No Waiting Period

If the insurance company deems you eligible for presumptive disability benefits, there is no waiting period. Since presumptive disability assumes you’ll be disabled for life, you may start to receive benefits from the moment you become disabled.

Your Benefit Amount Won’t Change

Since disability insurance is designed to supplant your income while you are disabled, the benefit amount you receive should be roughly 60% of your gross wages.

Shopping for disability insurance can be a complicated and time-consuming process. If you need assistance applying for disability insurance benefits or your claim for benefits was denied, our team may be able to help.

We have helped many other people in similar situations, and we may be able to help you, too. Don’t wait—contact our office right away with any questions you may have.

Call Dabdoub Law Firm today at (800) 969-0488 to speak with an attorney about your case.