Are disability insurance policies different in different states? The short answer to that question is yes. Disability insurance companies charge more in states where they have experienced higher claims. For example, insurance companies may havea higher premium amounts in some states (California is an example) because of higher claims. Also, in some states, the definitions in the policies are different. For example, again in California, Guardian Life Insurance has more liberal definitions for some parts of their disability insurance policy than their subsidiary company Berkshire Life does in the other 49 states. Why is that? In California Guardian has kept their older policy while a revised policy (still one of, if not the best) in all other states. At Protectyourincome.com we can help you sort through this by helping to find the right policy for you where you live. Call us anytime at 866 691 0100 or follow this link to visit the web site and request disability insurance quotes.

When you’re researching disability insurance one of the areas you run into is something called the “occupational class”. Insurance of all types is based on an estimate of the financial risk to the insurance company. Based on that data a premium (payment) is calculated. The factors that go into determining a rate for disability insurance include, among others, one’s health history, age and occupation. Based on historical claims records, some occupations have lower claims experience than others. Logically, those occupations with lower claims would be assigned an insurance rate in a less expensive “occupational class” and thus would be charged less for someone at the same age with an occupation that has more likelihood of claim payment. To take an obvious example, it stands to reason that a worker at a fireworks plant has more likelihood of disability than a CPA. This is an extreme example and it gets very fine tuned. Even an M.D. who is in family practice may have a different occupation class for physician disability insurance than a general surgeon - all based on the industry and that insurance company’s claims experience with the occupation and specialty. Part of what we do at ProtectYourIncome.com is sort through this complex set of facts to make sure you get the right company, at the right rate in the right occupational class. Some companies have better rates for different occupations and different specialties within an occupation. We know who they are and who fits you. With all the disability insurance policies we have set up for clients we’re very up on which disability companies will be right in each set of circumstances. We hope we’ll have the opportunity to help you with this decision.

When you search for disability insurance on the web what are you going to find? There are a lot of different providers with different agendas and different levels of experience and knowledge. Here’s a breakdown of what you’ll find: 1. “Lead” generating sites: These are websites that sell your info to an insurance agent as a “lead” if you should inquire with them. The quality of the agent you get to advise you can obviously vary greatly. 2. Insurance company sites. These sites can be very helpful but they will just cover their own policies and then will refer you to one of their agents. 3. Government and education sites which have all kinds of information to wade through - some valuable, some not applicable and much on issues like social security. You may find some valuable information, it may be a task and since insurance companies are not compared, they may not lead you to answer of the question: “Which disability insurance policy is best for me?” 4. Expert sites: There are a few expert sites where the individuals have long experience with multiple types of disability insurance policies and companies and specialize in disability insurance for physiicans, dentists and other professionals. These types of sites may be hard to distinguish from the lead generating sites since they may both look similar. Protectyourincome.com is one that can be placed in this expert category. Having numerous professional clients, years of experience and association with an agency that is a national leader in numbers of clients for disability insurance especially for physicians and dentists, you’ll find that site to be a good place fto find the right information to learn about disability insurance.