Does Your Private Disability Policy Eliminate Your Employers' Group Disability plan?
This week we had a call with an attorney who had a client going through the claims process from a disabling event. This attorney had some questions on his client's disability policy and the current employer group plan, which paid him 60% of his pay; not to exceed $15,000 per month of benefit. This is a common group disability provision. The client also had bought the AMA disability plan for $15,000 per month, so if he had an accident or illness there was going to be $30,000 r