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This
This is simply a fact. A general priniciple of insurance is that the policyholder sells ri
sk that, to the best of his knowledge, is not higher than the stated circumstances imply. Withholding relevant circumstances or hiding them is selling something that is not what it is represented to be. Analogies are insider trading using material non-public information and making fraudulent (incomplete or false) seller disclosure in a real estate transaction.
Veterans' benefits: The scope of each of these is limited. For example, the life insurance aspect is limited only to paying (rather small) survivors' benefits to survivors of veterans killed in the course of their service; it is not a general term life policy. Newsweek magazine's cover story for the
What other insurance policies will pay claims for this event? For example, if an auto accident renders you unable to work for 5 months, your auto insurance policy with Company A may include coverage for lost income during this period. In this case, you may choose to make a claim with Company A and either (1) make another, secondary claim with Company B, who issues your disability income insurance, or (2) decide that the primary claim is enough and avoid making an unnecessary claim with Company B.

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The important variables regarding claims are listed below. Not every variable matters to every type of disability insurance, but most of these are generally relevant. Was the disability unpredictable (not resulting from previously-known chronic illness)? Was the disability incurred in the course of performing job-related duties? How long is the waiting period before claim payments start? What other insurance policies will pay claims for this event?
 
 
 
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