Nothing is worse than finding out you´ve purchased a disability policy that fails to pay benefits on claims you believed would be covered. This is particularly important for employers who offer supplemental benefits to bolster their transition to consumer-driven health care. To avoid this scenario for you and your employees during the transition and afterward, make sure you understand what you are getting before signing on the dotted line.
Definitions of Disability Can Vary
The single most important part of a disability contract is the definition of disability. When evaluating disability policies, ask yourself the following questions before making a decision:
