Good Health Disability Insurance Benefit

Our team of agents at MD Disability Quotes (http://mddisabilityquotes.com) explain in this video that a good health benefit of a physician disability insurance contract can reduce the waiting period that usually has to happen before a physician can collect disability insurance benefits. Ordinarily, the waiting period is around 90 days, and sometimes up to 180 days. However, the Good Health Benefit shortens this waiting period by 2 days for every year the physician has been in good health without an accident.

What You Will Learn:

• What the Good Health Benefit is in disability insurance

• How the elimination (waiting) period works

• How remaining claim-free may reduce your waiting period over time

• Why a shorter elimination period can improve cash flow during a disability claim

• How this feature may influence policy comparisons between carriers

• Why physicians should look beyond premium when evaluating disability insurance

• How experienced advisors compare policy features in addition to contract definitions

• Why the Good Health Benefit can add long-term value to an individual disability insurance policy

Chapters:

0:00 Introduction: Comparing Disability Insurance Policy Features

0:36 What Is the Good Health Benefit?

1:16 How the Waiting Period Is Reduced Over Time

1:35 Why a Shorter Elimination Period Matters

2:03 Helping Clients Understand the Good Health Benefit

2:25 Why This Feature Can Be a Valuable Policy Differentiator