Disability Insurance Basics
What is presumptive disability in disability insurance?
Presumptive disability is a provision in disability insurance policies that automatically pays full benefits if you experience certain catastrophic losses, regardless of whether you can work. Common presumptive disabilities include: total and permanent loss of sight, hearing, speech, or use of both hands, feet, or a hand and a foot.
Key Points
- Presumptive disability: automatic full benefits for certain catastrophic losses
- Common presumptive disabilities: loss of sight, hearing, speech, use of limbs
- Benefits paid regardless of whether you can work
- No elimination period for presumptive disabilities
- An independent agent can help you find policies with strong presumptive disability provisions