An individual DI insurance policy helps your clients protect their most relied-upon asset—their income. An individual DI insurance policy pays a monthly benefit that helps to replace a portion of their income in the event of a disability, so your clients can take comfort in knowing their current lifestyle is better protected from the unexpected.

Issue Ages: 18 to 60

Occupation classes: A to 6A+, M to 6M+, D to 6D+

Elimination periods: 60, 90, 180, or 365 days

Benefit periods: 2 years, 5 years, to age 65, to age 67, or to age 70

DI maximum issue limit: up to $30,000/month
DI participation limit: up to $35,000/month

Target market:

• Ages 50 and under
• Occupations with little to no manual duties
• Earns at least $75,000 a year
• Small and medium sized businesses

Policy benefits for your clients:

• Non-cancelable (with payment of premiums)
• Guaranteed premium rate to age 65, 67, or 70, depending on benefit period
• Conditionally renewable for life
• Portable coverage that stays with your client if they change jobs

Policy features:

• Can be purchased individually
• Can be added to employee benefit packages as standalone coverage or as a supplement to group long-term disability insurance
• Can enhance the definition of disability to include Total Disability While Working (also known in the industry as “true own occupation”)
• Specialty own occupation is included on all policies for specialists in legal, medical, and dental occupations