Pre-Disability Earnings
Contents
Demystifying Pre-Disability Earnings: Understanding Disability Insurance
Exploring Pre-Disability Earnings
Dive into the concept of pre-disability earnings and their crucial role in disability insurance. Understand how these earnings are calculated and why they are essential for determining the amount of disability income a policyholder may receive after an injury.
Understanding the Basics
Learn the fundamentals of pre-disability earnings, including what they encompass and how they are used to set a wage baseline for disability benefits. Discover the key factors that influence disability insurance premiums and how policyholders can tailor their coverage to suit their needs.
Determining Disability Benefits
Explore how pre-disability earnings serve as the foundation for calculating disability benefits, whether as a monthly maximum or a percentage of the policyholder's income. Understand the importance of residual benefits and how they provide additional support for policyholders returning to work part-time.