Disability insurance: supplemental, guaranteed and simplified issue

By Steve Savant

There are additional options for a business to purchase disability coverage with guaranteed standard issue, simplified issue and supplemental group long-term disability. These can be the foundational framework for basic disability coverage. Business overhead expense to cover rent, mortgage payments, business property taxes, business insurance premiums, payroll, benefits or utility bills are also important aspects to insure. It can also cover outsourced business expenses like accounting and legal fees. And then there’s Lloyd’s of London, the specialty insurance company that covers older-age employees or specific vocational hazards and other niche liabilities. Nationally recognized disability insurance expert Tim Kukiesa is interview in this video blog.