Comparison of disability insurance

Relying exclusively on government assistance, which can be obtained from disability, to live dangerously. Who's pension insurance law, gets even by the full disability pension only about 30 percent of his last gross salary. Every fourth of a profession loses during his career, the ability to work in his profession. The above facts show that private insurance is important if you want to protect your standard of living.

Provides comprehensive protection of private disability insurance . Through them, the insured receives a co-determined by him in disability pension. First, you should compare in each case, several disability policies together with an expert. The rates are very different in terms of costs and benefits, not everyone offers a solid protection. The following are some points to be described, of which you should look for when comparing insurance necessarily.

Health Questions
Who the insurance applied for, must answer questions about his health. It is important that the application contains questions that can be answered completely. The questions should relate for example to not too long periods of time. Thus, in some applications questions are asked about diseases in the last ten years. Who makes an erroneous indication of its health risks that the insurance company subsequently withdraws from the contract.

Abstract reference

When comparing disability insurance you should only consider rates, showing no abstract referral law. Who is incapacitated, possibly may still pursue the same profession. This may be required by the insurance company if it has the right to abstract reference.

Short forecast
The insured should have already received the agreed pension if he is to be 50 percent, according to medical prognosis at least six months incapacitated. Some tariffs provide that the physician has forecast a disability of twelve months or more.

Renegotiations assurance guarantee
Also important is the Renegotiations assurance guarantee that should be part of the insurance contract necessarily. Through them, the insured can raise the amount of pension without medical examination to changing life circumstances (through marriage, birth, career change, etc.).

Insurance period and benefit period
The insurance term indicates, must have occurred up to what age disability, so that the insured receives the pension. This maximum age should be high. In some contracts, only 55 is set as the maximum age. Who chooses a tariff such and after the maximum age is incapacitated, receives no pension.

The performance period determines to what age can you get the disability pension. This should be as the age at which one receives the state pension be set so that no financial gap may occur.