DISABILTY RIDERS

Question 1

SOCIAL INSURANCE SUBSTITUTE RIDER

Answer 1

ALL OR NOTHING, IF SSI IS PAYING DISABILTY, EMPLOYER WON’T PAY. BUT IF SSI TURNS INSURED DOWN, EMPLYER WILL PAY

Question 2

OFF SET RIDER

Answer 2

EMPLOYER WILL PAY DISABLITY INCOME TO OFF SET SSI AMOUNT TO REACH 70%

Question 3

AD&D (ACCIDENTAL DEATH & DISMEMBERMENT RIDER

Answer 3

1. INSURED DIES WITHIN 90 DAYS OF ACCIDENT
2. LOSS OF ANY 2 LIMBS 90 DAYS AFTER ACCIDENT
3. PRINCIPLE SUM- DEATH BENEFIT
4. CAPITAL SUM- LOSS OF ANY TWO LIMBS

Question 4

HOSPITAL CONFINEMENT RIDER

Answer 4

INSURED CONFINED IN THE HOSPITAL/ ELIMINATION PERIOD IS WAIVED

Question 5

NON-DISABILTY INJURY RIDER

Answer 5

IF INSURED IS IN AN ACCIDENT, BUT NOT DISABLED. THE INSURANCE WILL COVER MEDICAL BILLS FROM ACCIDENT

Question 6

WAIVER OF PREMIUM RIDER

Answer 6

IF INSURED IS DISABLED FOR 6 MONTHS, INSURER WILL WAIVE THE PREMIUMS ON THEIR DISABILTY POLICY. AND REIMBURSE THE INSURED THE 6 MONTHS PREMIUMS THEY PAID WAITING ON RIDER TO BE EXECUTED

Question 7

GUARANTEE INSURABILITY RIDER- FUTURE INCREASE OPTION

Answer 7

INSURED CAN INCREASE THEIR DISABILITY POLICY BENEFITS, WITHOUT EVIDENCE OF INSURABILTY- PREMIUMS WILL INCREASE. START RIDER AT AGE 25, EVERY 3 YEARS AFTER THAT UP TO AGE 40

Question 8

COST OF LIVING RIDER

Answer 8

POLICY’S FACE AMOUNT CAN BE INCREASED IF INFLATION INCREASES THE COST OF LIVING-

Question 9

LIFE TIME BENEFIT RIDER

Answer 9

INSURER WILL PAY INSURED DISABILTY INCOME FOR THE REST OF THEIR LIVES

Question 10

REHABILITATION RIDER

Answer 10

TOTAL DISABILTY BENEFITS WILL BE PAID WHILE INSURED GOES THROUGH REHAB

Question 11

IMPAIRMENT RIDER

Answer 11

PREEXISTING CONDITIONS ARE EXCLUDED