Assurity’s short-term individual DI product is now available in California.
Income Protection is a guaranteed-renewable disability income insurance policy for individuals. It pays a weekly benefit while the insured is totally or partially disabled, following an elimination period and up to the maximum benefit period, subject to policy provisions.
Coverage Options: Accident and Sickness or Accident-Only
Issue Ages: 18 through 60; age last birthday as of issue date
Underwriting Classes: Accident and Sickness – Non-Tobacco, Tobacco
Weekly Benefit Amounts: From $50 to $1,000
Maximum Benefit Periods: 26-week, 1-year, 2-year
Elimination Periods: 0, 7, 14, 30, 60 and 90 days depending on benefit period selected
Rate Structure: Premiums are level for the guaranteed renewal period; Premiums increase annually for the conditional renewable period.
Renewability: Guaranteed to age 65; conditionally to age 75 if employed full time.
