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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