While most people make certain they insure their home, car and other valuables, they frequently overlook their most important asset—their ability to earn an income! Recent studies show that one in five Americans between the ages of 35 and 65 will experience a disability lasting three months or more; nearly two-thirds of them will not be eligible for coverage by workers’ compensation. While many people also believe they have disability protection through a group policy with their employer, they discover that they don’t, or that the coverage is inadequate.

What does Disability Insurance provide?
Depending upon the terms of your policy, Disability Insurance will provide up to 60% of your normal income should you become disabled and are unable to work. Generally, coverage becomes effective after a designated waiting period ranging anywhere from 30 to 365 days. Benefit periods are usually available in increments of two years, five years or until age 65 or beyond. You are guaranteed the right to renew your disability policy each year providing your premiums are paid.

What does it cost?
The cost of Disability Insurance—and your ability to get coverage—will vary depending upon:

• The amount of disability income you wish to receive;
• The length of time it provides coverage;
• Your age;
• Your general health condition;
• Your occupation and hobbies.

Every person’s situation is unique and requires a private consultation to determine whether or not Disability Insurance would be beneficial.