More Types of Individual Arizona Health Insurance Policies

Disability Income Protection

This coverage provides for weekly or monthly benefit payments while you are disabled after a covered injury or sickness.

The disability payment is usually a set dollar amount not to exceed a certain percentage of your income. Usually the most you can qualify for is approximately 60 percent of your gross earnings.

Be aware that some disability income policies contain an elimination period, measured from the start of each disability. During that time, no benefits are paid. Elimination periods vary, generally from 30 days to six months. A longer elimination period may provide lower premium payments.

Also, many disability income policies reduce benefits based on other income to which you may be entitled, such as sick leave pay, disability retirement income, and Social Security disability benefits.

Accident Only Coverage

This policy covers losses due to an accident. Benefits vary greatly. Coverage may be provided for death, loss of limb or sight, disability, or hospital and medical care.

Specified Disease or Specified Accident

Some policies cover a specific disease, such as cancer, or a specific kind of accident, such as while traveling away from home. Benefits are not paid for any other sickness or injury. The benefits may be based on your actual medical expenses or payable as a lump sum indemnity.

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