What's your most valuable asset?

It's not your house or your vehicle but you insure both of those items. It's your income. How would you pay your bills if you were out of work without a paycheck for any length of time?

• 40% of Americans couldn't pay an unexpected $400 bill

• One in three working Americans will become disabled for 90 days or more before age 65

• 90% of long-term disabilities result from illness not accident*

• The average individual disability claim lasts 31.6 months

What is disability insurance?

Disability insurance is like insurance for your paycheck.  You insure your house, car and other valuables, why wouldn't you insure your most valuable asset - your income?

You have loved ones that depend on you for car and mortgage payments, college tuition and bills. If the financial strain of these falls on your income, you may want to consider disability income insurance. Disability income insurance can help you protect 45% to 65% of your income should you become too sick or hurt to work. Disability insurance ensures that if you are unable to work because of illness or injury, you will continue to make ends meet until you’re able to return to work.

Who needs disability insurance?

Do you have personal debt such as a mortgage or credit card bill? Do others depend on you financially? Would you be able to maintain your standard of living if you were too ill or injured to work for an extended length of time?

If you answered yes to any of these questions, you need disability insurance. Almost anyone who works—whether single, married, with children or without—should consider disability insurance.

 

How much disability insurance do I need?

At minimum, your disability income insurance should cover your necessary living expenses. 

However, you also have to think long term. How much do you earn in a year? How much would that be over a lifetime? A 25-year-old worker who makes $50,000 a year and suffers a permanent disability could lose $3.8 million in future earnings.

Let us help you find the perfect disability insurance coverage for your specific situation. We will work with you to figure out the right amount of disability insurance coverage for you taking into account any additional available monthly income (like that of a spouse), your monthly investment income if applicable, and monthly and future expenses.