What if you have disability insurance and become disabled can they take your car your credit and still ask for money when the disability insurance was purchased to cover that type of event in life?

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It is your responsibility to see that the DI pays you and YOU pay the payments on time. rem your agreement with the lender stated that YOU would make the payments on a certain date. HOW you get that money is up to you.
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How long will disability insurance pay if you are disabled for life?

Answer . \nAre you asking about SSDI or a privately held Disability Insurance plan? SSDI will pay for life. If you are talking about DI insurance, it will pay as long a

If you are 62 and on disability are you still covered by your wife's COBRA insurance or will you need supplemental coverage?

If you pay the premium AND if you were "covered" before your wife separated employment then you are. Good question... COBRA is her right to extend the exact same coverage as s

If you are on disability and become the beneficiary of a life insurance does it affect your benefits?

When you are in receipt of disability living allowance or DLA as it is also known you will also be on another state benefit such as income support or invalidity benefit and wh

What does disability insurance cover?

Disability insurance covers your ability to earn an income. If for any medical reason (illness or injury) you are not able to perform 100% of your duties of your occupation, y

Can you get disability insurance after a disability?

You can get disability coverage after a disability under certain conditions. It depends upon the cause of your disability and how long you have been recovered. Each carrier ha

Who can get disability insurance?

Although Social Security provide you financial assistant but it fails when you some how or other get some disability. In such cases disability insurance can benefits a man. An

If you become disabled can life insurance be cancelled?

This is an impossible question to answer without knowing looking at your policy. There are many reasons a life insurance policy can be canceled and many ways to keep most poli

Why should you purchase disability insurance?

Disability insurance protects a person's most valuable financial asset, the ability to work and earn an income. Most of what people do and purchase throughout their lives wil

Why do disability insurance companies ask if you have other disability insurance?

Disability insurance often replaces up to 2/3 of your income. The idea is to keep money flowing in during times you are unable to work, but not to create an incentive for work

Is loss of memory covered by disability insurance?

yes in some States. I am not in the disability business so consider the source. But I want to respond that almost anything can be treated as a disability so long as it is n

When you get a car on disability do they pay your insurance?

It is unclear what you are asking, but I will do my best. If you are asking whether you can buy a car with your disability payments (from a private insurer, Social Security

Can you get term life insurance if you are disabled?

Just about anyone can get term life insurance - as long as they are willing to pay what is asked. Different conditions will cause the price to skyrocket and limit the number o