Our Solution for Priority Income Protection®
Simple and affordable coverage
Priority Income Protection® is simplified disability income insurance that offers a short application process, quick-issue coverage and portability. If you’re looking for a disability income insurance policy that doesn’t require a medical exam, offers coverage regardless of your occupation and allows you to adjust benefits to meet your budget, Priority Income Protection® may be right for you.
Priority Income Protection® might be right for you if…
you prefer easy to understand coverage without rider options
you want flexibility to fit the benefit level to your budget
you prefer a short application with quick-issue coverage that doesn’t require a medical exam
you want coverage you may qualify for regardless of your occupation
you’re interested in your own coverage that is not tied to your job
Priority Income Protection®
- Monthly Benefit - Based on a portion of your current income. Maximum monthly benefit is $4,000
- Benefit period* - 12, 24, 36 months
- Elimination Period* - 30/90 days (accident/sickness)
- Simplified policy
- Adaptable to budgets
- Brief application
- Fast issue
- All occupations accepted
to schedule an appointment call 800-388-9606
Your policy has a waiting period before the policy benefits begin. The elimination period for this policy is 30 days if you’re unable to work due to an accident and 90 days if due to sickness.
This policy covers accident or sickness that occurs off the job and is not caused by or related to any employment.
How it Works
It’s simple. You make two benefit choices – the monthly benefit amount you’ll need and the benefit period (how many months benefits can be paid). The options you choose can help you keep the cost within your budget.
Choose a monthly benefit amount: from $300 to $4,000 (in $100 increments).
Your policy can pay up to 70 percent of your net income (or a maximum of $4,000). If you have other valid disability coverage, the total monthly benefits from this policy will be coordinated with your other coverage in order to pay a maximum of 70 percent of your net income.
This is the maximum number of months your policy will pay a benefit. Think about how long you would need to receive monthly benefits if you were unable to work due to an accident or sickness.
Choose a benefit period: _ 12 months _ 24 months _ 36 months
Easy to Apply
Only a brief application is needed. You’ll be asked some health questions and there’s no requirement for a medical exam or medical information from your doctors. If you qualify for coverage, your policy can be issued in just a few days.
Built-in Benefit Highlights
Benefits provided by this policy include:
Total Disability Benefit
We will pay a monthly benefit once the elimination period has been satisfied if you are unable to perform the material and substantial duties of your regular occupation due to injury or illness and you are not gainfully employed in another occupation.
Partial Disability Benefit
When you are unable to perform the material and substantial duties of your regular occupation at least 20 percent to no more than 50 percent of the time, we will pay 50 percent of the total monthly benefit for up to six months.
If a related disability occurs within six months of returning to full-time employment OR an unrelated disability occurs within 30 days of returning to full-time employment, a new elimination period will not need to be satisfied.
If you are totally or partially disabled as a result of more than one injury and/or illness at the same time, we will consider it the same as if the disability resulted from only one cause.
This product guarantees the right to continue the coverage until age 65. During that time, we cannot cancel the policy as long as the required premiums are paid when due.
Waiver of Premium
We will waive your premium for the coverage after you are disabled for 90 days for as long as benefits are payable. Also, we will refund any premiums paid during this 90-day period.