This insurance policy cover can be used to cover a significant amount of the costs a family might incur for medical treatments and care for a family member.
About supplemental disability insurance:
Supplemental disability insurance will protect your earnings should you become disabled while at work. This insurance policy provides certain level of income that helps you meet your living expenses.
You can use your money however you wish. You do not have to use the money for the doctors bills. As the comp insurance insurance company deems appropriate.
Pros of supplemental disability insurance:
Supplemental disability insurance is available to those individuals who are unable to work due to a disability or illness. It is used to pay income and/or pension benefits during a long period.
This ensures your benefits continue if you can't work. If you're living on disability, you want to make sure you're protected, in case your health declines.
Pros of supplemental disability insurance:
Supplemental disability insurance has flexibility depending on the policy you choose, you can receive benefits if you can get your job back as well as not receiving benefits if you return to work.
Cons of supplemental disability insurance:
You are responsible for what is & isn't covered.You pay for everything out pocket or through premiums you pay.You are responsible for fees you have to pay.
Supplemental disability insurance has be chosen depending on the policy you choose, you can receive benefits if you can get your job back as well as not receiving benefits if you return to work.