The Set For Life Blog
What is the Mental Nervous Limitation on individual disability insurance policies?
A Mental Nervous Limitation on an individual disability policy means that if you have a claim related to a mental illness or a psychological illness, the benefits will not be paid. This is not to be confused with neurological conditions such as dementia or...
How Does The Benefit Update Rider Work for Individual Disability Insurance Policies?
What happens if you don't submit your benefit update application on your triennial anniversary? How do you increase your individual policy in the future? Many individual disability insurance policies now have no cost increase riders that require you to submit your...
What Is Collateral Assignment Life Insurance?
Collateral Assignment Life Insurance is a strategic financial planning tool that combines the protective assurance of a life insurance policy with the practicality of securing a loan. This arrangement allows policyholders to leverage their life insurance as collateral...
How To Compare Disability Insurance Quote Comparisons from Different Brokers
How do you properly compare disability insurance quote comparisons from multiple agents or brokers?
When Is The Best Time To Purchase Individual Long Term Care Insurance?
The best time to purchase an individual long-term care (LTC) policy often depends on several factors, including your age, health status, financial situation, and family history. Here's a general overview of considerations that can help determine the best time to buy...
How To File a Disability Insurance Claim
After applying for individual disability insurance and paying premiums over time, a lot of people ask, "how do I file a disability insurance claim?" The first thing to think about is the definition of disability on your policy. This will determine eligibility for a...
How Are Changes in the Healthcare Industry Impacting Insurance Needs for Physicians?
The healthcare industry is undergoing significant transformations due to technological advancements, regulatory changes, evolving patient expectations, and shifts in employment models. These dynamics not only influence the practice of medicine but also have profound...
How Do You Determine How Much Term Life Insurance You Need And For How Long?
When it comes to securing your family's financial future, life insurance is a cornerstone. Among the various types available, term life insurance offers a straightforward, affordable way to provide for your loved ones in the event of your untimely death. But how much...
What Happens At The End of A Term Insurance Period?
what happens when you reach the end of your term life insurance policy?
We’re here to help
Getting the right disability insurance can be downright confusing. At Set For Life, we’ll help you understand the options and work with you to select just the right product for you and your family. These articles will help you understand some of the complexities involved, but we’re happy to walk you through it! If you’re ready to get set, reach out for a quote today!