Presumptive Disability

Definition of "Presumptive disability"

Gale  Shinkle
Gale Shinkle Coldwell Banker Trapp Realtors

Assumption of total disability when an insured loses sight, hearing, speech, or a limb. When such a loss occurs to an insured with disability income insurance, the insurer often assumes that the individual is disabled, even if he or she later returns to work. Here insurers may pay a lump sum in addition to monthly disability payments for the maximum benefit period set by the policy.

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