Healthcare professionals face a great amount of stress due to the daily grinds and demands of their profession. This stress can often lead to burnout.
To correctly protect the income of healthcare professionals, group LTD contracts need to provide robust Mental & Nervous and Drug & Alcohol (MNDA) protection.
Most LTD coverages includes a 12 – 24 month lifetime max on MNDA related conditions.
If a policyholder suffers a relapse or setback after the lifetime max has been reached, no benefits will be paid.
A good IDI-like LTD policy will include a “per occurrence” provision–allowing a healthcare professional who suffers a relapse or setback to receive benefits.
Learn more on brokeradvisor.mgis.com