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Group and individual disability policy together

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  • Group and individual disability policy together

    I have an individual disability policy that I bought several years back. I am an employed physician and recently found that my hospital has a group policy that I am also covered by. Therefore I have two separate policies - one the hospital provides and one I purchased on my own. The question is if I was to go on disability would the group policy through the hospital pay out their benefit or would they refuse payments because I would be 'double dipping' sort of speak.
    Thanks for the help w this

  • #2
    Yes, as long as you meet the definition of total disability found in each plan, you can potentially collect full benefits under both policies.
    Lawrence B. Keller, CFP, CLU, ChFC, RHU, LUTCF
    www.physicianfinancialservices.com

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