Best Co. for Individual Cancer and Ind. Disability Insurance

[KaseyNM]

I'm only familiar with Northwestern Mutual by reputation.

If I may ask you, what makes their 'new' DI policy better than Guardian's DI policy that has (traditionally) been thought of as "the go-to" DI product for physicians and surgeons?

My understanding is that with Gaurdian. if your unable to perform some of your duties, but not all, you must be still working in order to get a partial benefit.
With Northwest you can be in the same spot, but don't have to be working in order to get the full benefit, or you can continue working and take a partial benefit.

 

[DHK]

This thread discusses Guardian's definition of disability:

http://www.insurance-forums.net/forum/disability-insurance-forum/di-physicians-t52707.html

This older thread discussed why NWM disability (previously) wasn't the "go to" product (wasn't a true own-occ definition):
http://www.insurance-forums.net/for...tion-company-disability-physician-t25085.html

There's some pretty good information in both threads that you might want to take a look.

Personally, I doubt that NWM has 'patented' anything new. (Maybe a wrong word choice?) Perhaps they just came out with a new and improved product to be much more competitive in that marketplace?

 

[magnusblack]

Guardian is one of the best for disability, in terms of the strength of the contract. Standard and Principal also have a very good contract and they have simplified issue if the benefit is under $3,000 per month.

----------

Personally, I doubt that NWM has 'patented' anything new. (Maybe a wrong word choice?) Perhaps they just came out with a new and improved product to be much more competitive in that marketplace?

Northwestern Mutual is shameless when they pump their disability product to their field force.

You're right. Northwestern Mutual has a 'modified own occ' definition of disability where Guardian has a 'true own occ' definition.

 

[scrittyh]

Ameritas has the best policy for the dollar and highest agent Commissions.