Disability Insurance
If you had the goose that layed the golden eggs would you insure the goose or the eggs?
Why do You Need DISABILITY Insurance?
Protecting Your Income
What is your most important asset?
a. your house
b. your car
c. your ability to earn an income
Your ability to earn an income is the most important asset you have. Without it you could lose all your other assets. How long will your savings last if you suffer from an injury or illness that leaves you unable to work? How will you provide for your family, even if you suffer from a long-term disability? Are you aware of the benefits from your employer or government plans?
Anyone who needs a paycheck has a need for disability insurance. In order to protect yourself and your family, you need to consider a policy that would replace your income in the event of a disability.
Call us for an individual or group disability proposal today. We have a number of carriers available to best fit your needs.
Disability
Benefit period: the length of time that a replacement income is provided, typically 2 years five years or to age 65
Indemnity: this is the amount of monthly income that is provided, this is a percentage of your monthly earnings.
Waiting period: the length of time from an onset of a disability until the benefits start. The longer that you can go the lower the cost of the policy.
Optional riders: these include inflation protection, return of premium, guaranteed future insurance availability and retirement savings continuation options.
