Whenever possible, try to purchase a policy without a 2-Year Mental and Nervous Exclusion. This is difficult to do in the states of California and Florida.

The Northwestern ARDI plan uses dividends to keep the premium schedule level, ask them if they have been paying these dividends to those in your occupation?

Do not take "own-occupation" for granted if you see the words in a proposal. Many companies sell a modified own-occ contract that has different, and more restrictive language than a pure own-occ contract. Read the definition of total disability before you sign!

The Decision to Buy Disability Income
Whatever spawned the decision to purchase disability insurance, you are only a few steps away from actually having coverage. We see people buy after somebody they knew became disabled, and they witnessed the financial devastation it caused when that person did not have disability insurance. We see people buy when they change jobs, lose their coverage at work, finish residency, have substantial increases in their incomes, etc...The point is, most of you have already made the decision that you do need to have long term disability income insurance, it is only a matter of what contract you are going to buy, and when. Since you have come this far, having already decided you do need it, we would recommend making the "WHEN", now. Now the only question is which company do you want to purchase it from?

Which Long Term Disability Income Insurance Company?
We have already talked about how we offer disability insurance quotes from several companies. We do realize not everybody is going to buy from us. If you make a decision to purchase coverage from another disability insurance agency, make sure the policy is Non-Cancellable and Guaranteed Renewable, contains a pure own-occupation definition of total disability, and has no time or duties requirement to pay a residual claim.

Why Should You Buy Disability Income Insurance Now?
There is every incentive in the world to buy long term disability income insurance now, instead of waiting another month, year, or longer. If you don't have any coverage now, you should try to bind the application. People get disabled everyday, and we would hate for you to become disabled during the underwriting process, which would result in a declined application unless you conditionally bound the application. Why not wait another month? Because people get disabled everyday, inside of the next month you could get diagnosed with diabetes, cancer, be involved in an accident, etc...In this case, you would no longer be eligible for disability insurance. On top of this reason, your rates go up on your next birthday. Since the premiums stay level for the life of the policy, don't pay higher premiums than necessary for the rest of the policy life by waiting until your next birthday.

You are close to being covered should a sickness or injury prevent you from performing the material and substantial duties of your occupation, can you imagine how you would feel if you put this off for another couple of months, and became disabled in the meantime? I can tell you we have seen it several times before, and it is not a pleasant situation for anybody. You know you need it, or you would not be reading this. Don't put this off anymore, buy it now.

What do we look for in a disability insurance policy?
This is the type of coverage for the people that can afford to have the very best.

Disability Income Insurance