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Frequently Asked Disability Questions Peoria AZ

Cost of Living Adjustment ensures that the disability insurance benefit's paid to you will increase over time based on the cost of living. We assume that the cost of living will continue to go up and that is why disability insurance companies have COLA is an option. As usual, you increase the risk to the disability insurance company - and you will pay more for this type of policy.

Arrowhead Insurance LLC
(623) 572-0032
20229 N. 67th Ave.
Glendale, AZ
 
AnCap Insurance
(602) 943-2586
8802 N Fourth St
Phoenix, AZ
 
American Dental Plan
(602) 265-6677
1645 E. Bethany Home Rd.
Phoenix, AZ
 
Pleasant Pediatrics PLC
(623) 322-3380
9059 W Lake Pleasant Pkw E540
Peoria, AZ
 
Ultimate Urgent Care Centers, LLC
(623) 376-8822
7727 W Deer Valley Rd.
Peoria, AZ
 
Blue Cross Blue Shield of Arizona
(602) 864-4400
2444 W Las Palmaritas Dr.
Phoenix, AZ
 
Integrity Outsource LLC
(602) 952-5500
2201 E. Camelback Suite 123
Phoenix, AZ
 
Michael Cross
3875 N. 44th Street
Phoenix, AZ
Company
Title: Investment Advisor Representative
Company: Cross Financial
Type
Investment Advisor Rep: Yes
Education
Arizona State University
Years Experience
Years Experience: 13
Service
Long-Term Health Care Planning,Annuity Ideas & Strategy Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Fee-Only Comprehensive Financial Planning,401k Rollover From Employer,CD Alternative,Disability Insurance,Annuities,Alternative Asset Class Planning,Commission-Only Financial Planning (Full Disclosure),Planning For Personal Finances & Budgeting,Retirement Income Accumulation Planning,Business Income Tax Planning,Fee Only Portfolio Management,Income for Life/ Preserve Princi

Data Provided by:
R.P. Ryan Insurance
(602) 992-9700
Peoria, AZ
 
Ideal Dentistry, Ltd
(623) 933-0777
13360 N. 94th
Peoria, AZ
 
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Frequently Asked Disability Questions

Provided By: 

How Much Disability Insurance Benefit Do I Get?

What is a Cost of Living Adjustment (COLA)?
This ensures that the disability insurance benefit's paid to you will increase over time based on the cost of living. We assume that the cost of living will continue to go up and that is why disability insurance companies have COLA is an option. As usual, you increase the risk to the disability insurance company - and you will pay more for this type of policy.

Disability Insurance - What if I can't work full-time, but can work part-time?
You are not fully disabled, but you cannot work full time hours. In this case, if your disability insurance policy has a "residual" or a "partial disability" rider you can get back to work slowly. This rider allows you to receive a partial benefit while you have part-time work.

This particular rider is a great idea since it reduces risk to the disability insurance company and also lets you 'ease' back into work life after illness or accident. It doesn't normally cost you more, but you need to check the fine print.

Disability Insurance - What is a return of premium option?
This option provides for part of your premium to be returned to you, from the disability insurance company, if you have been claim free for a certain period.

While the return of disability insurance premium option looks like a good deal it really isn't. Get the right coverage (rather than less coverage) and pay the right disability insurance premium. Return of premium raises the stakes for the disability insurance company - and that's why you will either pay more upfront, or get less coverage.

This is a fairly unusual rider on a policy.

Disability Insurance - What does "Waiver of premium" provision mean?
This clause means that you do not have to pay premiums on the disability insurance policy after you're disabled for 90 days.

This actually makes sense. If you are disabled (and not making money) you don't want to have to be paying you...

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