The MyIncome Protector policy offers 3 different choices for definition of disability to meet your specific needs:
- 2 Year Own Occupation/Any Occupation Thereafter
- Extended Own Occupation
- True Own Occupation
Under the base 2 Year Own Occupation/Any Occupation definition, for the first 24 months of a claim, totally disabled means you are unable to perform the substantial and material duties of your own occupation, are not otherwise working and are under the care of a physician.
After benefits have been paid for 24 months, total disability means you are unable to perform the substantial and material duties of any own occupation consistent with your education, training and experience; are not otherwise working; and are under the regular care of a physician.
The Extended Own Occupation Rider and True Own Occupation Rider can enhance the definition of disability. Talk to a New York Life agent for more information on the right coverage for you.