Perhaps of greatest concern is the traditional limit on monthly benefits. Over the last 10 years, the median monthly benefit limit for disability policies has decreased while earnings have increased nearly 27 percent. This scenario doesn’t paint a pretty picture for the disabled employee, their family and – when all… One solution is the use of Individual Disability Income (IDI) coverage for top executives as a separate a supplemental strategy from the standard company plan. IDI plans are underwritten like group policies, while providing higher limits and more customization of benefit provisions based on the individual’s goals. Oswald has consistently… The following case study illustrates the point: An investment banker became disabled with clinical depression and attention deficit disorder. He continued working for over a year, but his condition deteriorated, and he began experiencing anxiety, exhaustion, dysphasia and impaired concentration. His doctor recommended in-patient treatment and prescribed a host of…
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