Find disability insurance with 2 1/2 year or longer wait period.?
I have a problem acquiring private disability insurance. The problem is my employer - they offer 2 1/2 years worth of disability insurance for free. I could decline it, but that would be moronic. I can't request less, or buy more. Most private insurance companies have a maximum 2-year wait period. You can't set it any higher, so I end up with half a year of double insurance. Because of this, I can't be underwritten. I offered to PAY for a 2-year wait and only get a 2 1/2 year wait, but the adjusters won't go for it, and my insurance agent can't get them to budge. Does anyone know of companies that offer insurance that may be relevant to me? -->Adam
Public Comments
- Sounds like your best option is a supplemental policy (a smaller policy on top of the one you already own which can last till age 67 if you want it to). Even if you don't need the extra coverage for 2.5 years, you can save that money for when your group policy runs out. When shopping make sure that you know the cap on your current policy and tell the broker you are working with that your benefits are taxable. I have to say that 2.5 years is the weirdest benefit period I have ever seen.
- please try this <a href="http://www.anrdoezrs.net/click-1748196-10425138" target="_top">help!</a>
