by Guest » Mon Aug 16, 2010 09:17 am
Hi, I have this snoring problem that keeps others awake. I had gone for a sleep study a few years back and they reported mild apnea (it didn't require any treatment). Will it affect my ability to fulfill the criteria of LTD insurance?
Posted: Fri Aug 20, 2010 12:14 am Post Subject:
You mentioned that it's rare to see individual coverage referred to as "LTD". I'm curious about this. In 20 years of selling individual DI, I have always referred to long term DI coverage as LTD. What do people call it if they don't call it LTD?
Posted: Fri Aug 20, 2010 05:36 am Post Subject:
Well it depends..you'll come to know once you apply for LTD. Gather your medical records and send them with an application on a trial basis. The thing that you were heavier earlier could be a factor. But you should go for it!
Posted: Sat Aug 21, 2010 10:09 am Post Subject:
Underwriters are quite interested to know how much weight you've lost. They're equally interested to know the period for which it was put off. They wanna know all these since it would increase their risks if the weights come back too often.
Posted: Sat Aug 21, 2010 03:49 pm Post Subject:
You mentioned that it's rare to see individual coverage referred to as "LTD". I'm curious about this. In 20 years of selling individual DI, I have always referred to long term DI coverage as LTD. What do people call it if they don't call it LTD?
Disability insurance :wink:
Some time ago I was once corrected quite matter-of-factly that LTD was commonly how group coverage was referred to and individual disability insurance was called disability insurance or IDI, or DI. I know a number of high producing IDI agents who all separate in that fashion.
I don't think it makes a huge difference, in my experience it's LTD usually refers to group coverage, that's all.
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