Disability Insurance Policies
A disability is a condition that makes it hard for someone to function properly. Someone may have a minor disability such a missing finger. They may also have a much larger disability such as blindness or an inability to work. Some people are born with disabilities. Many others get disabled because of an accident or due to the effects of aging.
The former can make it very hard for someone to earn a living. This is why many people carry disability insurance. This kind of insurance is commonly offered to people for purchase. People may offer this kind of insurance as a benefit of their job. They may also decide to purchase it on their own privately.
Disability insurance is designed for anyone who needs to support themselves with a job. It was created in order to make sure that someone can have an income even if they get disabled and cannot work. The goal of the insurance is to provide people with an income even if earning a living is difficult or impossible due to an injury or other condition that has disabled them. For example, a skilled surgeon will often have this kind of insurance. The insurance will provide them with an income even if they cannot see or use their hands well enough to continue performing surgery. The insurance is designed to provide them with a safety net.
This is type of insurance typically requires to person to make a claim before they can collect checks. They are usually required to undergo a medical examination to verify that they have such a disability. The insurance company's doctors will look at the person's injury carefully. If, for example, the injury is due to a stroke, the insurance company doctors will write up a report indicating the extent of the person's injuries and incapacity to the insurance company policy makers.
If verified, the person may then begin to collect checks from the insurance company. In many instances, the company will continue providing the person with a check as long as they remain disabled and unable to work.