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Disability Insurance (Personal)
Caligiuri Financial Group Inc. offers you access to competitive disability insurance products to protect your most valuable asset - your ability to earn an income. These products have been developed with the diverse needs of personal protection in mind. There are three types of personal disability insurances: professional, protector and competitor. |
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Professional |
Protector |
Competitor |
| Target group |
Professionals, business owners and employees – who wants the ability to choose partial or proportionate disability benefits at claim time |
Individual employees – who want flexibility in designing their disability insurance – from basic to comprehensive protection |
Part-time and seasonal workers and some previously uninsurable occupations
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| Issue Ages |
18 – 60 |
18 – 60 |
18 – 64 |
| Start Dates
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31, 61, 91, 121, 181, 366 and 731 days
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31, 61, 91, 121, 181, 366 and 731 days
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1, 31 and 91 days
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| Benefit Period
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24, 60, 120 months, and to age 65 |
24, 60, 120 months and to age 65 |
24, 36, and 60 months
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BUILT – IN FEATURES |
| Renewal
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Non-cancellable – policy cannot be cancelled, modified or premium raised before age 65 Conditional renewal – annually after age 65 as long as working in full-time. |
Non-cancellable – policy cannot be cancelled, modified or premium raised before age 65 Conditional renewal – annually after age 65 as long as working in full-time. |
Cancellable – renewable to age 70, premium can be changed and policy may be cancelled for all policies within a particular risk class |
| Cash Flow Benefit
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Yes |
No |
N/A |
| Rehabilitation Program Benefit |
Yes |
Yes |
N/A |
| Survivorship Benefit
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Yes |
Yes |
N/A |
Selected Optional Features are available for each of the above personal disability insurances, please consult with your Caligiuri Financial Group Advisor for additional information.
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