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MISCONCEPTIONS

IMPORTANT DOCUMENTS

SOURCE OF SAVINGS

INSURANCE

HEALTH INSURANCE

LIFE INSURANCE

TERM INSURANCE

UNIVERSAL LIFE INSURANCE

WHOLE LIFE

VARIABLE LIFE

LONG TERM CARE INSURANCE

COBRA

DISABILITY INSURANCE

SUPPLEMENTAL INSURANCE

LOAN OPTIONS

CONCLUSION

DISABILITY INSURANCE

  Disability insurance will pay you for long-term disability. If you are unable to work, the insurance policy will tell you how "unable to work" is defined. Things to find out when purchasing a disability insurance plan are:

  • Are you covered for "any occupation"?
  • How long is the waiting period?
  • How long will payments last?
  • ls the policy portable and guaranteed renewable?
  • Plans generally cover 2/3 of the individuals income level after a specified length of time
  • Short term disability coverage can be purchased to cover a percentage of the salary during the first 6 months

 

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Uatpat.org - The Utah Assistive Technology Program is designed to help you know what assistive technology is available, how to get funding for assistive technology, and to provide you with links and resources.