Disability Insurance

The home you live in, the food you eat, the funding for education, retirement and even your car – Your lifestyle is made possible through the income you earn.

When you are impacted by an illness or injury, you are prevented from earning an income to support yourself and your family.

Chances are you’ve already purchased home insurance, auto insurance and health insurance to protect yourself against a financial hardship in the event of a loss or sickness. But, what steps have you taken to protect yourself from the loss of income? Would you be able to meet your financial obligations in the unfortunate event that you’re unable to work?

Protect Your Income and Lifestyle

Taking the time now to protect your income with a disability insurance policy could mean the difference between a secure future and a devastating financial burden should you find yourself coping with a long term illness or injury that prevents you from working.

Disability Income

Disability income insurance is meant to assist you in the event you become injured and unable to work. If you rely on your income to pay your expenses such as your mortgage, monthly utility bills, groceries or college tuition, disability income can help.

Disability income is designed to cover 45-65% of your income if you become too sick or injured and can’t work. You should talk to your financial advisor to determine how much insurance coverage is right for you, even if you have an existing group long-term disability insurance policy.

Benefits of Disability Income Insurance:

• Income security – get paid even if you can’t work.
• 401k & Retirement Protection – Protect the need to borrow from a retirement plan in order to pay your bills
• Tailored to your situation

Deciding how much insurance protection is right for you is a decision only you can make. If you’d like to receive a quote, call our agency for a no obligation quote. Disability Insurance quotes are available over the phone.

Questions to ask your advisor include:

When do income replacement benefits begin?

How long will benefits be received?

What is the definition of disability?

Are benefits available if I can work part time?

What limitations does the plan have?