A Disability Pension Can Be A Lifesaver In Case Of Illness Or Injury
Having a disability pension to fall back on can be a great asset if a person suffers an illness or injury and is unable to work. A disability pension is usually defined as monetary payments or benefits made available to people who are permanently or temporarily unable to work due to a disability.
One type of disability pension benefits widely available is private disability income insurance. An individual can purchase one of these policies from an insurance company so that they have an income in the case of disability that renders them unable to work. Because these policies are offered by many different insurance companies, they vary widely in how they define disablement and how much they will pay the policy holder in the case of a qualifying illness or injury.
In the US, there are a couple of different Social Security Administration programs that will pay benefits to people who become unable to work because of illness or injury. If an individual has enough credits in the Social Security system, they can try to qualify for Social Security Disability Insurance payments (SSDI). If they do not have the credits, they can attempt to obtain Supplemental Security Income (SSI) benefits if their financial assets are below a certain level. Both programs require the claimant to document their disability, which must either appear on what's called the List of Impairments or be equivalent to one of the listed conditions. Applicants can apply over the phone or by visiting the local Social Security office and bringing their birth certificate, Social Security number, medical records and a record of past employment. Additionally, if applying for SSI, it's necessary to bring proof of financial assets and income.
Canada offers the Canada Pension Plan (CPP)disability benefits program, and it's quite similar to SSDI. Applicants can apply online, over the phone, or at their local SDC (Social Development Canada) office.
Should your initial claim for disability benefits be denied in either the US or Canada, appeals are allowed. Both programs allow for a couple of levels of appeal within the program itself, then a couple of more levels that go into courts of law. Of course, it's best to get your claim approved on the initial attempt and avoid appeals if possible. The best way to accomplish this is to be as complete as possible when filling out the application forms. Sometimes claimants assume the reviewers will understand how the symptoms of a certain condtion impact their life. This is a mistake. Be sure to go into whatever detail is necessary to explain how the symptoms of your illness or injury make it impossible for you to work.
In addition to the aforementioned disability pension programs available in the US and Canada, there is a program in Australia called the Disability Support Pension, and the government of New Zealand offers number of different options, such as the Sickness Benefit, the Invalids Benefit, and the Disability Allowance, which are all intended to help those who suffer from a disabling injury or illness.