Read the definition of disability in your group plan. Many pay only if you cannot work in any occupation after 24 months. An individual own-occupation policy pays if you cannot do your job, even if you could do another.
What an individual policy adds
- Own-occupation definition of disability
- Tax-free benefits when you pay the premium
- Portability between employers
- Coverage of bonuses and self-employment income
- Future increase options as your income grows
For physicians, attorneys, owners and specialists, the individual policy is the foundation and the group plan is the supplement, not the other way around.
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