DISABILITY INSURANCE
What is your biggest asset?
Some may say their home or car, but we believe it is your ability to earn an income. People insure their home, cars, pets, and even their cell phones! If the unthinkable happened to you, how would you pay your mortgage and bills? It’s important to insure your income. If you are diagnosed with an illness or get injured and cannot work, you can receive a monthly benefit to pay your mortgage, car payments, and other bills. There are also plans that will pay a benefit if you are able to work but cannot perform your occupation.
Insuring Your Income and Your Future
There are two types of disability insurance: short-term and long-term.
Some individuals may have disability insurance through their employer. However, the benefit may be taxed. If you purchase a private disability insurance policy from one of the reputable companies we work with, you can protect your income and potentially receive the benefit tax-free.
Short-Term
Short-term policies will typically pay a benefit for 3 months to 5 years. Depending on the policy option, you can insure around 60% of your income.
Long-Term
Long-term policies will typically pay a benefit until age 65. Depending on the policy option, you can insure around 60% of your income.
