So, I am reviewing my insurance plans and it turns out that I have quite a few that I have accumulated in the 9 years since I finished residency. I am trying to figure out if I should consolidate them, d/c some of them, or just ditch some altogether. So, I called the first disability policy I ever took out, which was done right as I left residency in 2009. This was with unum and is a "modified own occ" policy. The insurance guy (who I called directly at unum) said that I could flip burgers if I want, but otherwise could not earn income and still get the benefit. Is this good enough or should I have full own occupation insurance?
It is only 4k benefit, to age 67, with 90 day elim period. I have other coverage with other companies, but wanted to start looking at the oldest one first. If it matters, I am perfectly healthy and age 40. I also am still paying stud loan of 203k and a business loan of 267k along with a mortgage. Any advice or comments are greatly appreciated!
It is only 4k benefit, to age 67, with 90 day elim period. I have other coverage with other companies, but wanted to start looking at the oldest one first. If it matters, I am perfectly healthy and age 40. I also am still paying stud loan of 203k and a business loan of 267k along with a mortgage. Any advice or comments are greatly appreciated!
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