Exclusions & Waivers

It is important to know what a policy won't cover just as it is important to know what it will cover.  We noted that the principal limitation found in disability income policies relates to pre-existing conditions.  Let's now consider the typical exclusions found in disability income policies -- those conditions under which no benefit would be payable.

The two common exclusions found in most disability income policies are:

Disabilities arising out of war or act of war
Disabilities caused by sickness or injury while the insured is on active duty in the Armed Forces.

Earlier vintage disability income policies often excluded disabilities arising out of self-inflicted injuries or suffered while acting as an aircraft crewmember.  These situations are not usually excluded in policies that are more recent.