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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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Disability Insurance - Eligibility For Income Replacement Insurance
By Kyle J Norton 
To be eligible for individual disability income insurance, an individual must be working full-time and is defined as:
1.Working a minimum of 30 hours per week.
2. Earning an income of at least $20,000 annually.
3. be working away from home with exception to persons working in a home based business may qualify when their duties require them to leave their home office location regularly to conduct their business.
4. have worked in the same occupation for a minimum of 12 months.
Individuals who have become self-employed in the 12 months prior to the application are not eligible for disability insurance.
5. Be between the ages of 18 and 60.
6. be able to read and speak English since the client must be able to understand the terms and conditions of the policy.
A. Occupation
Insurers use an occupational class schedule to determine the level of risk associated with different occupations.The applicant's class determines by both the type of coverage and the premium to be paid for that coverage. It is essential that you to describe your occupation accurately with a complete listing of their duties, in the application.
If the proper classification is hard to determine, it is acceptable to quote the lowest class that might apply. Include a full description of the job and the duties with the application and ask the underwriter for a class adjustment.
B. Medical Underwriting
When completing the application, it is extremely important that the medical history be completed with particular care. Details of any yes answer must be provided, including the date of occurrence, doctors seen, diagnosis made, treatment, as well as any recurrence or residual effects.
C. Impairments underwriting
Disability insurance is more strictly underwritten than life insurance.
1.Pre-existing conditions: Following are several methods that can be used to address these conditions:
a) The underwriter can require the addition of riders, waivers or exclusions from coverage for a specific problem or part of the body
b) The underwriter can charge an extra premium when there is a pre-existing medical condition that may result in a variety of disabilities
c) The elimination period may be extended.
d)The benefit period can be shortened. This method is often used in combination with adding a rating.
e) Where the application is approved on a modified basis, optional benefits may not be made available to that insured.
If the application is declined, either for medical, financial or other reasons, the applicant should be immediately notified. The insurer will send a refund of premiums directly to the applicant.
D. Financial underwriting
Many insurers use Issue and Participation Tables to determine the amount of benefit they are prepared to issue for various income levels.
a) Earned Income: Earned income consists of salary, bonuses, commissions, fees and any other payment that the person receives as a result of their work activities. The underwriting process reviews 2 years of financial documents.
b) Unearned Income: Unearned income is income such as net rental income, investment income,interest payments, capital gains, pension benefits and other disability group insurance.
Generally, when the unearned income is less than 15% of the earned income, the unearned income is ignored during underwriting. When the amount of unearned income is equal to or greater than 15% of the earned income, this amount must be taken into account to avoid over-insurance.
I hope this information will help. If you need more information of the above subject, please visit my home page at:
Kyle J. Norton
http://medicaladvisorjournals.blogspot.com
http://disabilityinsurance05.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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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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