Disability insurance is income protection

Disability insurance is the only insurance coverage that protects your income. A disability insurance policy can replace part of your paycheck if you became unable to work because of an illness or injury.

Individual disability income insurance is all about you but the whole family benefits from coverage. Coverage is tailored to an individual’s health, income and occupation. Disability insurance is the best way to protect your paycheck and your family’s financial future. Accidents happen but if an injury or illness prevents you from earning an income, things can get harder. Being prepared can make all the difference when you need it most.

Disability insurance benefits the whole family

Social security disability insurance & employer-paid disability insurance is not enough

Although many of us our covered by federally-funded Social Security Disability Insurance (SSDI or SSD) and Supplemental Security Income (SSI), the application process can be complicated and not everyone gets approved. If you’re approved, the amount of SSDI or SSI you receive every month is based on how long you’ve worked and how much you’ve contributed to Social Security – there are many factors to consider and calculations can get complicated.

But wait, your work benefit package includes disability insurance so you should be covered, right? Employee-paid disability insurance is a great perk – as long as you’re employed with the same company. Accidents and injuries that prevent you from working can happen at any time, including if you’re between jobs or waiting for benefits at your new job to kick in.