Own-Occupation Disability Insurance

The definition of disability is one of the most important provisions in a Disability policy. It describes and explains the circumstances in which a person is eligible to receive benefits. As you continue your research and search for quality coverage, your focus should be on obtaining Own-Occupation Disability insurance. Own-Occupation Disability insurance provides the most comprehensive definition of disability available which protects you in your occupation.

There are three primary, industry-wide definitions of total disability: Any-Occupation, Modified Own-Occupation and True Own-Occupation definition. Both the Modified and True Own-Occupation definition will provide you protection pertaining to your specific occupation or specialty, but in different ways.

True Own-Occupation:
You will be considered totally disabled if solely due to injury or sickness, you are not able to perform the material and substantial duties of your occupation, even if you are gainfully employed in another occupation.

Modified Own-Occupation:
You will be considered totally disabled if solely due to injury or sickness, you are not able to perform the material and substantial duties of your occupation and are not gainfully employed elsewhere.

If you did not notice, the primary difference between these two definitions is whether a person can or cannot work in a different profession or specialty while on a Disability claim. Protecting your family, future and current profession with Own-Occupation Disability insurance is important for any professional. As your work becomes more and more specialized, it becomes even more important to have True Own-Occupation Disability insurance. True Own-Occupation Disability insurance will provide you with the most comprehensive definition of total disability available. Even if you are able to work in a different capacity, True Own-Occupation Disability insurance will provide you with the income replacement you need if you are unable to work in your current occupation.

True Own-Occupation Disability insurance provides protection that could pay you a total disability benefit if you are unable to work in your current occupation, even if you are earning more doing something completely different. Take the first step and Request a Disability Insurance Quote today.