Disability

Description

With National Security Insurance Company, you can prepare for an accident or sickness that would make it difficult to earn money and pay the bills.

Our Disability Insurance Policy will replace up to 60% of your gross monthly income for as long as you are totally disabled during the benefit period, beginning with the first day after the elimination period.

To apply, the employee must answer the questions on our simplified application and choose the desired monthly benefit (up to 60% of the respective monthly income). The employee must be full time working at least 30 hours per week to qualify.

The base policy provides a monthly benefit for total disability due to sickness or off-the-job accidents. An On-The-Job Accident Disability Rider is optional, on a group-by-group basis only, for an additional premium. This rider pays a monthly benefit for total disability due to on-the-job accidents and has the same elimination and benefit periods as the base policy.

The elimination and benefit periods can be chosen by the employer or the employee, with the following options:

Elimination period: 14 or 30 days

Benefit period: 3, 6, 12, 24 months

Available to employees age 18 to 64, this policy is guaranteed renewable to age 65 and conditionally renewable to age 70 if still employed, subject to the company’s right to change premiums by class of the insured. Each group must include a minimum of five covered employees.

Premiums will be issue age banded by these groupings: 18-49, 50-59, and 60-64.

Definition of Disability

The insured is totally disabled when unable to perform the material and substantial duties of his own occupation and is not engaged in any employment or occupation for wages or profit and is under the case of a doctor.

Disclaimer

Underwritten by National Security Insurance Company, Elba, AL. Limitations and exclusions apply. Actual policy provisions control. Not all policies or benefits are available in all states. Rates subject to change on a class basis.

National Security's Disability policy is available in AL, GA, MS, SC, and TX.


Important - Read your policy.

This description is not an insurance policy. It serves only to provide a general description of coverages available from The National Security Group, Inc. Insurance policies for the coverages described above contain specific details of the coverages provided, conditions, limitations, and exclusions.
Please consult your local agent or refer to your policy for actual coverages.