Disability Insurance in MaineDisability insurance in Maine has never been easier. You can find quotes from multiple insurance providers right here at Got DI.
The fact is that no one would like to imagine what life would be if disability strikes. But a study has shown that a 20-year-old worker in Maine has a 30% possibility of getting disabled before the age of retirement. Since the ability to work seems to be the largest asset of people, the situation would be unbearable or even miserable if a disabled person lost the job and could never generate income for the rest of his life. However, things have changed a lot with disability insurance.
Disability insurance protects a person's wages should they get hurt in an accident or become ill, thereby hindering the ability to work. By paying regular payments, called premiums, you ensure that you will receive a percentage of your income if you become disabled. In the event that you should die, some policies act like life insurance, paying out the amount as a lump sum to your survivors.
Disability Insurance Policy Riders
To help you pick the ideal disability insurance policy, Got DI reviews the additional riders from top rated coverage providers. Riders are voluntary bonuses you may choose to include with your policies that raise benefits in specific scenarios. Listed here are a couple of the optional riders we feature:
Hospital Confinement Indemnity Benefits Rider
This rider pays as much as $500 a day for each day you're hospitalized as a result of an injury. The benefits double for days spent in confinement in the ICU.
Medical Expense Rider
You decide coverage amounts for your plan ($1,000, $2,000, $3,000, or $5,000) and we provide the sum as a cash reimbursement for medical-related bills sustained following an injury.
Return of Premium Benefit Rider
Depending on your policy, you can have 50 to 80% of your premiums returned (minus claims) after ten years paying the costs. This is available on long term and short term policies.
Critical Illness Benefits Rider
Specific diseases are more damaging, so this rider pays up to $25,000 as a single payment in case you are informed you have a critical illness
Got DI has an array of options for the best short term and long term disability insurance for optometrists. We are going to enable you to select the coverage that meets your requirements, so you will have adequate coverage.