Protect Your Income with Disability Insurance
Disability insurance is one of the most important coverages you can get. Is your ability to earn an income protected? If not, that is why there is disability insurance. Our agency is here to help you get the disability insurance coverage right for you.
What is Disability Insurance?
Financial Protection for Your Loved Ones
Disability insurance is a type of insurance that provides financial protection if you become disabled and are unable to work. It's designed to replace a portion of your income if you are unable to earn a living due to a disability caused by an injury or illness.
Disability insurance works by paying you a monthly benefit if you become disabled and are unable to work. The benefit amount is typically a percentage of your income, and the percentage can vary depending on the policy you choose.
There are two types of disability insurance policies: short-term disability insurance and long-term disability insurance. Short-term disability insurance provides coverage for a shorter period of time, typically up to six months, while long-term disability insurance provides coverage for a longer period of time, such as two years or until retirement age.
When you purchase disability insurance, you will be required to pay premiums, which are the payments you make to maintain the policy. The amount of the premium will depend on various factors, such as your age, health, and the type of policy you choose.
Disability insurance is an important consideration for anyone who relies on their income to support themselves and their family. It can provide peace of mind and financial security in the event of a disability that prevents you from working. If you're considering disability insurance, it's important to consult with a qualified insurance agent who can help you choose the best policy to meet your needs.
