Applying for Disability Insurance is similar to applying for Life Insurance. You must complete and submit the application, take a free insurance exam, and wait for the underwriter to review everything to determine approval. If there are medical records that need to be ordered, the length of time it takes to get the Disability Insurance will depend partly on how long it takes the doctor's office to provide medical records.
If you are asking how long it takes to receive the benefit from a Disability Insurance policy, that depends on the elimination period chosen.
It takes about as long to get Disability Insurance as it takes to get Life Insurance. The determining factors are usually the exam and medical records. Those two requests fulfilled quickly will speed the approval along. If you delay your exam and/or your doctor's office does not provide medical records promptly, it could take several months before the policy is in effect.
The usual underwriting time period to purchase disability insurance is 4 to 8 weeks. The more prepared you are at the point of application the better. Have your two years of tax returns ready to give the agent and be prompt scheduling your paramed exam, sooner the better. It is always a good idea to call your physician's office and ask them to be prompt when they receive the request for your medical records. These are the most common items that hold up a disability policy.
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If you are asking how long it takes to receive the benefit from a Disability Insurance policy, that depends on the elimination period chosen.