Do secondary LTD policies exist?


Rich Carreiro

My employer provides long-term disability coverage as an
employer-paid benefit (they are also smart enough to run
it through post-tax so if we ever have to collect, the
benefits will be tax-free).

However, the coverage is only own-occupation for the
first 24 months. After that it only covers being unable
to work at all.

So I was wondering if it is possible to buy an individual
own-occupation LTD secondary policy with a 24-month elimination
period? That way I'd have full own-occ coverage (first 24mo
via employer plan and the rest on my policy) and hopefully
be able to get the policy relatively cheaply because of the
long elimination period (and because as a secondary policy it
presumably would not pay out if I was disabled enough that I
could collect on the employer's post-24-month "unable to work
at anything" coverage).



VIP Member
Oct 12, 2011
Reaction score
United States
You should be able to do that. Although most LTD have a 90 day wait period, there are longer policies. Check with an insurance agent or broker and they can advise where to purchase and what the premium is.

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question