Principal Announces Changes in Individual Disability Insurance

Jamie Announcements

Principal announced several changes that will be effective as of February 6, 2017: The Simplified Single life disability income monthly benefit will increase to $6000/month benefit. Disability Income Retirement Security monthly benefit limits will increase to $4550/month for individual paid and $5850/month for employer paid policies. Several occupations are reclassified: 5A Pharmacists 4AM Nurse Practitioners 3AM Dentists and dental specialties …

Disability Insurance Open Enrollment

Jamie Articles

Disability Insurance Open Enrollment It is open enrollment season and time for people to choose their employee benefits, including choices for disability insurance. What happens to your individual disability insurance policy if you enroll in a group disability insurance policy? Your individual disability policy is always primary. If you have a claim, your individual policy will pay you benefits regardless …

CRNA Disability Insurance–Individual vs. AANA disability insurance Association Policy

Jamie Articles

AANA Disability Insurance vs. Individual CRNA Disability Insurance As a CRNA, should you choose an individual or the AANA disability insurance policy. CRNAs in their 20’s and 30’s tend to choose the association policy because of the cost. It is less expensive than an individual policy. When CRNAs turn 40, they are in for sticker shock with the association policy. The …

Disability Insurance Discounts Kirkland & Ellis

Jamie Uncategorized

Set for Life Insurance is proud to offer all employees, attorneys and staff at Kirkland & Ellis Law Firm available discounts. To qualify for the disability insurance discounts, applications must be submitted through the Set for Life office. Individual disability insurance policies provide the following available benefits: own occupation definition of disability policies are noncancelable, guaranteed renewable cost of living …

Disability Insurance for Veterinarians Purchasing a Practice Loan

Jamie Articles

Recently I worked with a veterinarian who was in the process of purchasing a practice by taking out a large loan. He was taking out a loan in the amount of $500k to be paid back in 10 years. The bank required that he show proof of life and disability insurance in order to execute the loan. The monthly payment will …