A
Residual Disability Benefits
are the defining language
for covered benefits if you are able to work although your
earnings are reduced as a result of disability. |
If a
partial/residual disability occurs and it limits your ability to work that
results in a decrease of income, these features if included in the policy,
will maximize benefits.
The policy states that
the benefits are proportionate to income loss.
The residual benefit pays
for a minimum of six months, and least at a rate of 50%
of the total disability benefit.
Related Topics
●
Types of Disability insurance
coverage
●
Renewability Provisions
●
Benefits
●
Definition
of Total Disability
●
Optional
Benefits
●
Residual
Disability Benefits
●
Other
Policy
Benefits
●
Terms
●
Occupation
Definitions
●
Occupation
Class Look Up
Lewis Fink is licensed as
insurance agents offering these benefits in the following
states:
Alabama - AL,
Arkansas - AR,
California - CA,
Colorado - CO,
Connecticut - CT,
Delaware - DE,
District of Columbia - DC,
Florida - FL,
Georgia - GA,
Idaho - ID,
Illinois - IL,
Indiana - IN,
Iowa - IA,
Kansas - KS,
Kentucky - KY,
Louisiana - LA,
Maine - ME,
Maryland - MD,
Massachusetts - MA,
Michigan - MI,
Mississippi - MS,
Missouri - MO,
Montana - MT,
Nebraska - NE,
New Mexico - NM,
New Jersey - NJ,
New York - NY,
North Carolina - NC,
North Dakota - ND,
Ohio - OH,
Oklahoma - OK,
Pennsylvania - PA,
Rhode Island - RI,
South Carolina - SC,
South Dakota - SD,
Tennessee - TN,
Texas - TX,
Utah - UT,
Vermont - VT,
Virginia - VA,
and
Wisconsin - WI.
Not all insurance products from all insurance companies
are available in all states.
Note:
We do not provide legal or tax advice. The general
information presented on various tax aspects contained in
this site are not intended to be relied upon as tax advice.
Individuals should seek the advice of a qualified tax
professional regarding the taxation of these benefits as
they apply to your particular situation.
These
benefits are offered in all states except: AK, HI, & WY.
License #'s: CA: OC38446 MT: 29724 F00-0283-LC
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