What does the term "definition of disability-own occupation" specify?

The term "definition of disability-own occupation" specifically refers to the inability to perform the duties of a particular trade or profession. This definition is important in the context of disability insurance, where it determines eligibility for benefits based on the insured's ability to work in their specific field.

For example, if an individual is a surgeon and is unable to perform surgical procedures due to an injury or illness, they would qualify for benefits under an own-occupation policy even if they might be capable of performing other types of work. This emphasis on the individual’s specific occupation recognizes the specialized skills and training that are required for certain professions, offering more comprehensive coverage compared to broader definitions of disability that might consider the ability to work in any job or trade.

Understanding this distinction is crucial for individuals when selecting disability insurance, as it directly affects the level of protection they would receive in the event of a disability.