Update Tuesday, Sept. 30, 2009 All About Disability Pension Insurance By Insurance Experts

If you become disabled through injury, sickness, or other circumstances and have not been able to work for a year (long term disability), then you may be eligible for social security disability insurance (SSDI) benefits. If your application is approved, you can collect the social security disablity insurance benefit until age 65 when is the time the benefit is transfered to the pension program.

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Disability Pension Benefit
By Greg Cook

The VA pays a pension to disabled veterans who are over the age of 65 or are no longer able to work. The disability pension benefit is also available for surviving spouses and children but is called the improved death pension.

These pensions are available whether or not the war-time veteran's disability is service-connected, but to be eligible the following requirements must be met:

• The veteran must not have been discharged under dishonorable conditions.
• The veteran must have served ninety (90) days or more of active duty with at least one day during a period of war.
• NOTE: Anyone who enlisted after September 7, 1980, however, must serve at least 24 months or the full period for which that person was called to serve.
• The claimant (You) must be permanently and totally disabled, or age 65 or older. You will need your doctor to provide an evaluation statement to prove that you are disabled and housebound.

In addition, your income must be below the yearly limit set by law; called the Maximum Annual Pension Rate (MAPR). The MAPR for individuals who 2009 are below:

Veteran with no dependents $14,457
Veterans with a spouse or a child $18,120
Un-remarried widowed surviving spouse $12,681

Your pension depends on your income. The VA pays the difference between your income and the MAPR. The pension is usually paid in 12 equal payments.

Example: John is a single veteran and has a yearly income of $12,500. His pension benefit would be $1,957 ($14,457 - $12,500). Therefore, he would get $163 a month.

Allowed Adjustments to Your Income - Adjusted Countable Income

Your income does not include welfare benefits or Supplemental Security Income. It also does not include un-reimbursed medical expenses actually paid by the veteran or a member of his or her family.

This can include Medicare, Medigap, and long-term care insurance premiums; over-the-counter medications taken at a doctors recommendation; long-term care costs, such as nursing home fees; the cost of an in-home attendant that provides some medical or nursing services; and the cost of an assisted living facility.

These expenses must be un-reimbursed. This means that insurance must not pay the expenses.

The expenses should also be recurring - this means they should recur every month.

Aid and attendance - The VA's Best Kept Secret

A claimant (veteran or the un-remarried widowed spouse of a war-time veteran) who needs the help of another individual for their primary activities of daily living may qualify for additional money on top of the disability pension benefit.

The claimant needs to show that he or she needs the help of another individual on a regular basis. Note: A claimant who lives in an assisted living facility is presumed to need aid and attendance (Most people call it assistance - attendance is the VA official lingo).

WHAT in the heck are Activities of Daily Living?

They are activities such as bathing, grooming, dressing, eating, toileting, transfer to and from chairs and bed, etc.
A Claimant who meets these requirements will get the difference between his or her income and the MAPR below (2009 figures):

Veteran with no dependents $19,736 (who needs aid and attendance)
Veterans with a spouse or a child $ 23,396 (where the veteran must need aid & attendance)
Un-remarried widowed surviving spouse $15,128 (who needs aid and attendance)

Example: John is a married veteran and has a combined household yearly income of $29,500.
John has a medical evaluation to support his aid and attendance claim.
John and his wife pay insurance premiums, medical co-payments and care costs totally $23,200 yearly.

His pension benefit would be $17,096. Therefore, he would get $1,424 a month.

How did we get that benefit amount?

1. Calculate the Adjusted Countable Income: $29,500 - $23,200 = $6,300
2. Calculate the Remaining Countable Income: $23,396 - $6,300 = $17,096

How To Apply

Before you apply for either disability pension benefit it is helpful to get helpful tips and examples of what exactly you need to do. Filling out the VA Form 21-526, Veteran's Application for Compensation Or Pension and/or the VA Form 21-534, Application and Indemnity Compensation, Death Pension and Accrued Benefits by a Surviving Spouse is a daunting and overwhelming task for most individuals.

We recommend you seek experienced sources to help you fully understand what you need to do, not do and most importantly when and where.

Greg Cook is a consultant with extensive experience dealing with governmental agencies in the financial world and with major non-profit organizations. He has helped hundreds of senior citizens successfully navigate the long term care industry.
He is a senior advocate, geriatric care manager and a Certified Senior Advisor. To learn more about how to qualify for up to $1,949 per month in VA financial assistance, visit Mr. Cook's website; Veterans Care Advisors dot com.

Article Source: http://EzineArticles.com/?expert=Greg_Cook

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Disability Pensions - Can I Qualify?
By Jeannette McQueen-Nobbs

You're very, very sick and totally crash after any activity that you do. You try to work but are unable to handle the pressure as well as the physical endurance that it takes to do your job. The first thing that you will need to do is speak with your doctor about your health concerns. From my experience some doctors don't want to help you so you will have to go out and look for a doctor who will help you.

Your doctor is the first one who decides if you can or do qualify for a disability pension. They will send you to other doctors sometimes for added tests and witnesses to prove that you aren't capable of holding down a regular job. Together with your doctors recommendations and other specialists in the field related to your disability it might help witness that you need the disability pension.

Disability pensions aren't as much money coming in as if you were working so you'll have to be on a very limited budget and if you are married you may be limited to the amount of disability pension that you can get because of your spouses earnings. Sometimes the government will take into account the families total incomes and deduct from the disability pension totals but still provide you with help for your medicines, eye care, etc that you may need. You have to check with what agency that you are applying for be it government or an insurance disability pension. Every province, state or country has their own laws governing disability pensions. If you can still work you would probably make more money by cutting down your hours of work to part-time or finding another job better suited to you and your physical or emotional situation. You usually have to be unemployed for at least one year to qualify for a disability pension.

From my experience most of the people who need disability pensions are rejected and they don't receive any help as I've seen many others whom weren't as physically ill seemed to receive a disability pension. There are agency's as well as lawyers whom will work for you to help fight for you to receive a disability pension. They usually take a cut of your pension for their payment fees when you receive the pensions and if you don't they

wouldn't receive anything. Carefully check any agreements to make sure you understand what you're signing with them first so you don't get into a contract that's legal and binding that isn't for your benefit.

Be prepared to wait as sometimes the government has been known to drag these cases out 5 years or more and they usually refuse your first claim so you may have to appeal it and they still may take years of their processing your claim. If your financial situation can't wait 5 years for the disability claim to be approved you should start looking at other ways of bringing in revenue while you work part time or at home around your specific health concerns. There is always hope and a way for you but you have to earnestly seek for another way to bring in income that will work best for you and your family with your health problems.

Jeannette McQueen-Nobbs or Queenie1 has written some articles and was published. She has also written an eBook.

Her blogs are:
http://health4me-queenie1.blogspot.com

Article Source: http://EzineArticles.com/?expert=Jeannette_McQueen-Nobbs

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VA Disability Benefits
By Greg Cook

VA disability benefits are available for war-time veterans or their surviving spouse whether or not your disability is service-connected. There are many veterans and surviving spouses of deceased veterans from World War II and Korea that don't even know they qualify!

It is a shame that this is one of the VA's best kept secret.

Of the two VA disability benefits, the one discussed here is the non-service connected disability pension. This benefit has a three tier payment level depending on your particular situation.

Disability Pension

To be eligible you must meet the following requirements:

1. You must have been discharged under other than dishonorable conditions.

2. If you enlisted before September 7, 1980, you must have served 90 days or more of active duty with at least one day during a period of war. Anyone who enlisted after September 7, 1980, however, must serve at least 24 months or the full period for which that person was called to serve.

3. You must be permanently and totally disabled, or age 65 or older. The Veterans Administration no longer requires those over age 65 to submit evidence they have a disability that prevents them from working.

4. In addition, your "countable" income must be below the yearly limit set by law; called the Maximum Annual Pension Rate (MAPR).

The Base MAPR for 2008 are:

1. ran with no dependents $11,181

2. ran with a spouse or a child $14,643

3. If you are housebound, which basically means you can no longer safely drive.

The Housebound MAPR for 2008 are:

1. Housebound veteran with no dependents = $13,664

2. Housebound veteran with one dependent = $17,126

3. Add, for each additional dependent = $1,909

Aid And Attendance Entitlement

If the veteran needs help with the basic activities of daily living (dressing, bathing, grooming, hygiene, toileting, etc.) they may qualify for additional disability pension benefits. The veteran will need to show that he or she needs home care on a regular and permanent basis, or lives in an assisted living facility.

The Aid and Attendance benefit MAPR for 2008 are:

1. Veteran who needs aid and attendance with no dependents =$18,654

2. Veteran who needs aid and attendance with one dependent = $22,113

VA Disability Benefits Payment

The actual amount of your disability pension will depend on your "countable" income. Countable income is your gross income minus qualified health care expenses. The VA will pay you the difference between your "countable" income and the MAPR that matches your personal situation. The VA disability pension will be paid directly to you in 12 equal payments.

How To Apply

You can apply for the VA disability benefits by filling out VA Form 21-526, Parts A,B,C and D plus multiple additional forms and documentation.

For more information on VA disability benefits you can visit the Veterans Care Advisors website http://www.veteranscareadvisors.com where you will be able to find tips and best practices to help you successfully obtain the VA disability pension benefit.

Greg Cook is a consultant with extensive experience dealing with governmental agencies in the financial world and with major non-profit organizations. Through his Veterans Care Advisors program and handbook of tips http://www.veteranscareadvisors.com He has helped hundreds of senior citizens successfully navigate the long term care industry. He is a senior advocate, geriatric care manager and a Certified Senior Advisor.

Article Source: http://EzineArticles.com/?expert=Greg_Cook

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Update Tuesday, Sept. 23, 2009 All About Unemployment Disability Insurance By Insurance Experts

While Unemployment disability Insurance is also known as Temporary Disability and Sickness Insurance ( Not Work Related Disability), Covered by federal government unemployment benefit for a certain amount of weeks. worked related accidental disability is the resposibility of the State or Provincial Disability program. It's coverage was mandated for State employees who are covered by Unemployment Insurance. The Disability Insurance Service of the Department of Labour is responsible for preparing reports of claims activities and conducting educational programs similar to those that are presently being performed by a contractor for Unemployment Insurance purposes.


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Supplement Disability and Unemployment Insurance Can Prevent Foreclosures and Bankruptcy
By Marilyn Katz

Reasons For Mortgage Delinquencies

We went right to the source to find out the major reasons that families get behind on mortgages and bills: Freddie-Mac. Almost half of the mortgage delinquencies were caused by unemployment and loss of income! The second factor that caused families to get behind on their mortgages was a family illness. An illness could prevent a wage earner from working, and while Americans may have health insurance, many are not covered for disability. A much smaller percentage of Americans were simply over extended, or actually had a death in the family.

Can We Prevent The Causes For Mortgage Delinquencies?

We cannot prevent layoffs, and it seems like we get the news every day about large companies cutting back on staff. Many American workers, through no fault of their own, find themselves out of work. This can happen very suddenly and the workers have no chance to prepare themselves.

A worker may take months to find another job, or they may have to take a job for much less money because they have an urgent need to pay bills. Even when state unemployment insurance kicks in, the amount is usually much less than the income it is replacing. A normal state unemployment check may cover groceries, but will not pay a mortgage or keep the lights on.

In the case of illness or accident, there is no way to go back to work. If the worker has no disability coverage, it can take month or years to qualify for social security disability benefits, even if the worker can qualify at all!

Private Mortgage and Unemployment Insurance Provides Peace Of Mind

If you are employed, and are responsible for monthly bills like mortgages, utilities, and grocers, then you will want to consider a private mortgage insurance policy. The plans are easy to quote and apply for online, and they will provide security at a very affordable price. If you do not have any disability insurance, this is an affordable and simply way to obtain that important coverage. Even if you do carry some disability insurance at work, you can still obtain this plan, and since you own this plan, you do not have to worry about keeping it if you lose your job!

But most important, disability and health insurance will not cover you for involuntary job loss! However, we can tell you how to do that. You can continue your life, secure in the knowledge, that even if you job ends, your financial security will be extended. You can look for the right job, instead of taking a job in a panic.

Even though these private unemployment and mortgage protection policies are easy to apply for, and do not require health questions, some limitations apply. For instance, the qualification for unemployment benefits is generally the same as the qualification for state unemployment benefits. However, even if you do not think you qualify for that portion, because you are self employed or a business owner, you can certainly take advantage of disability or life benefits with no health questions.

Make sure you talk to a licensed representative or read further to make sure they fit your own needs.

Visit us for more information about Disability and Unemployment Insurance Online. Protect your home and finances with one quick Mortgage and Finance Protection Online Quote Form.

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Disability Insurance 01 - Unemployment Insurance - Government Program in Case of Disability
By Kyle J Norton

The main purpose of disability insurance is to to replace an individual's income should they be unable to work as a result of either an accident or a sickness. In fact, People tend not to spend a lot of time thinking about the financial devastation that could result from a disabling injury or sickness therefore if disability strikes, the balance between personal earnings and expenses suddenly is upset, and the threat of financial disaster can quickly become a reality. In this article, we will discuss the government program that will help the short needed for disable workers.

Most employed people contribute to employment insurance through payroll deductions. Employers send the amount they withhold from the employee's pay to government related department Employers are also required to contribute to the employment insurance fund and must add their portion of the premium to the employee contribution when submitting the monthly deductions.
Therefore, workers who contribute to this program entitle to received benefit in case of short term disability and sickness

a) Any workers have worked in insurable employment for at least 900 hours ( Depended on the rate of unemployment it may be changed) since the last claim, if that claim was made within the last year.

b) have a physician's statement proving disability.

Benefit is payable for a maximum period of 15 weeks after 2 weeks of waiting period.
Remember the employment sickness or short term disability adopt a second payer principle if other disability benefit are payable

The benefits will be reduced dollar for dollar when the claimant receives:

1. employment income such as wages, commissions or bonuses
2. payments in compensation for an accident on the job or a work-related illness such as Workers' Compensation benefits;
3. group insurance benefits for sickness or loss of wages;
4. compensation for loss of wages from certain accident insurance policies.
5. pension income or retirement income

The benefit will not be effected

1. Disability pension
2. Workers' Compensation payments from a permanent settlement
3. A personal or individual sickness or disability wage-loss policy.
4. Retroactive raises in wages or salary.

I hope this information will help. If you need more information, please visit my home page at:

Kyle J. Norton

http://lifeanddisabitityinsuranceunderwriter.blogspot.com/

http://disabilityinsurance01.blogspot.com/

All rights reserved. Any reproducing of this article must have all the links intact. I have been studying natural remedies for disease prevention for over 20 years and working as a financial consultant since 1990

Article Source: http://EzineArticles.com/?expert=Kyle_J_Norton

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Accident Sickness and Unemployment
By Patrick Lee

The result would be very onerous as mortgage arrears can lead to repossession and give you a poor credit history. To protect yourself with Accident Sickness and Unemployment insurance also known as ASU or mortgage payment protection insurance, it may help you for up to one or two years until you are able to return to work.

There is a good chance that you will require the protection offered by this type of policy throughout your working life especially during the time you have an outstanding mortgage liability. Depending on the provider of the policy it may be possible that the cover could commence after a 4 week period (known as the deferred period) However the premium that would be payable would be more expensive than a policy with a longer deferred period.

You may just take out the accident and sickness parts of the policy for example if you were self employed then this would be more applicable to meet your needs. You can also place a partner on the policy at a split percentage of the monthly pay out depending on what they earn compared with your earnings.

A brief outline of the policy benefits generally as follows.

You must have been working generally full time for at least six months. And not claimed recently and not know of any pending redundancies. The policy can only be valid when you have a mortgage in place and will be calculated in relation to your monthly mortgage payments. Past accidents, injuries or illness should be notified to the insurer. You should check the specific product providers policy documentation for an explanation of the level of benefit and terms and conditions that apply as these may differ between providers.

http://www.mortgagebestrate.co.uk/ 02380 781222 patrick@mortgagehome.co.uk Article Source: http://EzineArticles.com/?expert=Patrick_Lee