I have a DI policy with Standard ( I pay 61$ monthly, 2000$ benefit). I got it in my 3rd year of residency. Now I'm in my 3rd year of fellowship and shopping for a new policy before I start working. I was offered one from Ohio National ( 115$ monthly for 5000 $ benefit). Both policies are pure/true own occupation with residual disability riders. Both limit coverage of mental disease for 2 years. My question, should I cancel the first one, or should I keep both policies? Hopefully no one would need it, but isn't having two policies with 2 different companies increase your chance that one of them at least will compensate you?
Thanks
Thanks
Comment