Disability Insurance Basics
What is a catastrophic disability benefit?
A catastrophic disability benefit is an additional benefit paid when you are totally disabled and unable to perform 2 of 6 activities of daily living or have severe cognitive impairment. The catastrophic benefit is typically an additional monthly benefit on top of the base disability benefit.
Key Points
- Catastrophic disability benefit: additional benefit for severe disability
- Triggered by: inability to perform 2 of 6 ADLs or severe cognitive impairment
- Additional monthly benefit on top of base disability benefit
- Helps cover additional care costs for severely disabled individuals
- An independent agent can help you find policies with catastrophic disability benefits