Sub Standard Disability Insurance (Special Risk)
Many people often take for granted their "good" health conditions and the fact that this allows them to obtain the type(s) of disability income insurance (as well as other insurances) that they desire...and at lower rates. Unfortunately, individuals serious health issues may be declined entirely by regular disability insurance carriers.
However...all is not lost...
With Sub Standard or Special Risk Disability Income Insurance policies, individuals can still find adequate coverage! There are of course some stipulations with sub standard or special risk policies, such as:
- Policies may be graded
- Possible reduced benefit if a disability occurs within the first year or two
- Full benefits if the disability begins after the first year or two
With a Sub Standard Disability Income Insurance plan, you'll still get the coverage you need securing you and your family's financial needs