Discapacidad y Cuidado a Largo PlazoPregunta 639 de 716
Compared with an 'any-occupation' definition, an 'own-occupation' definition of total disability generally results in a premium that is:
a.Higher, because the insured qualifies for benefits more easily
b.Lower, because own-occupation claims are far less likely to be filed
c.Zero, because own-occupation coverage is offered at no cost
d.Identical, since the definition does not affect pricing
Explicación
Own-occupation pays if the insured cannot perform their own job even if they could do another, making claims more likely and the premium higher. Any-occupation is stricter and therefore cheaper.
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- An inflation protection option in a long-term care policy is important because it:
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- A 'split definition' of disability commonly uses:
- A residual disability benefit pays a proportional benefit when the insured:
- Under a presumptive disability provision, the insured is automatically considered totally disabled, often with no elimination period, upon:
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Revisado por John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — verificar)