NY Times Article: Mortgage Brokers Want Guaranteed Income. Shouldn’t They Require Disability Insurance?

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The article below emerged in this week’s New York Times. It discusses how banks are becoming more weary of providing mortgages to potential clients where there may be a potential loss of income due to pregnancy. However, in my opinion, they are somewhat missing the mark.  Pregnant people are not the only people who will potentially lose their income. Statistically …

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Incontestability Clause for Life and Disability Insurance

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When you apply for life and disability insurance, you are required to go through medical underwriting. This typically involves a paramedical exam (blood and urine test) and questions about your medical history. It is up to the applicant to answer the questions to the best of their knowledge and to fully disclose any medical conditions. If a life or disability …

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Are Own Occupation and Specialty Specific the Same for Individual Disability Insurance Policies?

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The most important part of an individual disability insurance contract is the definition of disability. This is the determining factor for the company to decide whether or not to pay a claim. Without a strong definition, you may not qualify for benefits when you need them the most. Contract language can be very confusing and each company has slightly different …

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Disability Insurance for Actors, Actresses and the Entertainment Industry

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Whenever I pass the checkout line at the grocery store, I can’t help but notice all of the celebrities in trouble. Many of them are in rehab for drugs, alcohol or some other kind of addiction. Some of them are fighting for their lives while getting treatment for cancer. I often wonder whether these celebrities have properly protected their income …

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