Definition of Total Disability
Residual Disability Insurance
- Regarding loss of sight, speech, hearing, or any two limbs
The definition of presumptive disability varies among contracts. Some
contracts do not even have a presumptive disability insurance provision.
The basic idea of presumptive disability is to protect against drastic
disabilities that occur suddenly. They generally protect you against the
loss of hearing, sight, speech, or the use of any two limbs. This is not
a provision for which you pay an extra premium, it is built into most
contracts. The main differences are in the definition language, specifically
in the words; Total, Permanent, Irrecoverable. A total loss of sight,
speech, hearing, or the use of any two limbs is a lot different from an
irrecoverable or permanent loss. Total losses protect you from temporary
loss of site, speech, hearing, and broken limbs. An irrecoverable loss
is just that, the disability must be permanent. All contracts that have
a presumptive disability provision pay first day benefits for these losses.