EXAMPLES
The following are examples of how Pro Plus Disability Insurance, based on "Own Occupation" coverage, would respond to different types of benefits.

Example A: John Smith started ABC Corporation two years ago. His company provides a product or service. He performs as the Chief Executive Officer of the firm and is involved in company-wide decisions, day-to-day management, and sales. Given his title and the key role he plays in the company, John needs Pro Plus Disability Insurance. The coverage would respond in the event he was physically unable to perform the major duties required by his position.

Example B: Three professionals buy a business as co-owners. All three are active in the day-to-day operation of the business (or medical practice, law firm, etc.). As such, the co-owners are eligible for three types of disability insurance, including: (1) personal income protection insurance that would allow each of the partners to maintain their lifestyle if they, as individuals, should suffer a disability; (2) lump sum disability insurance that would provide two of the partners the capital to buy out the third partner if he or she should become permanently disabled; and (3) corporate revenue protection insurance that would offset as much as a 33 percent reduction in company revenue if one of the partners should suffer a disability.

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