Benefit Offset

Many disability insurance policies contain offset provisions that reduce the amount of your monthly benefit if you receive income from other sources, such as Social Security disability or retirement, unemployment compensation, worker’s compensation, no-fault auto insurance, sick leave, severance pay, income from a new job, etc. The amount of the offset depends on the terms of the policy and the particular formula(s) used to calculate the offset.

Click here for more information about how offset provisions can reduce your monthly benefits.