Applying for a Disability Insurance
When doing high-risk jobs like construction or driving very large heavy equipment, it is best to apply for a disability insurance that would give you protection should you meet with a mishap that maims you for life. However, a disability insurance should best be applied for by anyone that has a job because one never knows when one would come out with a sickness and be rendered incapable of carrying out the job that he has. It is best to be ready for any eventuality than to end up regretting about what you did not do.
As with any other documents that are wordy and have lots of questions to contend with, it could be very confusing to fill out an application for an individual disability insurance especially if it is your first time to do so. The most sensible thing to do to avoid confusion is to take the questions at the top and proceed to answer them one by one. Just make sure that you answer each question as briefly and as truthfully as possible. If there is something in your past that just happened and is asked about in the questionnaire for the application, be honest and answer the question. You don’t want to be accused of fraud when it comes to getting payments for a claim. During application filing, never hesitate to ask advice from your insurance agent.
Just be aware that most of the questions in a disability insurance application are just asking for basic information like your name, address, and such. Just be sure that you were accurate in filling out and answering these questions. Take time to pause and be concise and precise about filling out the information, though, as this could be a basis in determining possible claims in the future. An insurance company might look into your previous occupation before they will declare you as totally incapable of carrying out your duties because of a sickness or an accident that happened to you.
Secondly, make sure that you give out the exact information about your financial status as insurance carriers could underwrite you for what you could already verify. It is very important to provide every credible financial information about yourself because this could be made a basis on the kind of insurance that would be provided to you by insurance companies.
In filling out the part where you give medical information, give them straight answers to their questions. Don’t hesitate to put in a “yes” answer to a question where such answer is applicable because insurance companies need to get your medical history. This is very imperative in their determining if you should be insured or not.
Finally, before an application for disability insurance is finalized and approved, you would have to visit a medical clinic where certain lab works like a blood and urine tests have to be done and where you will be asked some medical questions. Other companies would require for a reading of the blood pressure as well as scale you for your height and weight. To make sure that you give out the best possible medical results for your insurance, have your exam scheduled in the morning when you are less stressed out. Never go for an exam if you’ve had strenuous exercise within the week and never do some exercise beforehand. Also, make sure that you don’t smoke 2 hours before the exam and do not take more than your usual caffeine dose for the morning. Lastly, don’t go for an exam if you have any injuries of any kind as this will most probably result in a poor exam.
by Maria-Goldsmith 19 years ago