3 ms·
Wouldn't generic long-term-disability cover concussion?
by JabavuAdams 9y ago
Wouldn't generic long-term-disability cover concussion?
- zrail 9y agoGeneric own-occupation LTD certainly would. The own-occupation part is important, because without it most LTD policies only cover you if you can't work at all. Even then, quite a few generic LTD policies only covers own-occupation for a few years. Own-occupation to social security normal retirement age coverage is surprisingly expensive.
- lotsofpulp 9y agoI would expect there to be quite a bit of moral hazard involved, therefore it would have to be expensive otherwise insurance companies would be taking a loss.
- icantdrive55 9y agoBasically, these reviewers (doctors) are thinking, "If he/she can hold a shovel; they aren't getting benefits." It's more nuanced than that, but insurance companies are jerks.