Compare the policy’s definition of disability, waiting period, benefit period and maximum monthly payment, as these can significantly affect when and how much you may receive. Check exclusions, pre-existing condition rules, mental health provisions, rehabilitation support, premium structure and whether cover is held inside or outside superannuation. Consider how the benefit fits your income, expenses and other sick leave or government support, remembering that payments and premiums depend on the policy and your circumstances. A licensed financial adviser or the insurer can explain the policy wording before you apply.