Disability insurance encompasses paid sick leave, short-term disability benefits, and long-term disability benefits. Statistics show that in the U.S., a disabling accident occurs on average once every second. One-in-four workers will become disabled at some point during their adult work life. We’ll help get you prepared for the unexpected so your paychecks keep coming even if you cannot work for a short or long amount of time.
If you and your family depends on your income to survive, then you should consider investing in some type of disability insurance. This will ensure that you can continue to receive at least part of your income should you become injured or sick and cannot work for a time being.
One of the most common reasons for disability is on-the-job injury, which explains why the second largest form of disability insurance is that provided by employers to cover their employees. However, there are several subtypes that may or may not be separate parts of the benefits package: workers’ compensation and more general disability insurance policies.
When you’re relying on your income to cover life expenses, having an individual disability insurance plan can help safeguard against unexpected situations that may leave you disabled and unable to work.
When your employer provides disability insurance, the coverage can help pay for your living expenses while you’re unable to work for your income as a result of a work related injury or illness.
If you’re someone like a director of operations, the only store manager, or a top sales representative, you may qualify as a key person, without whom the company may struggle to stay running.
Accident or illness can strike at any moment. With High Limit coverage on your disability insurance plan, you’ll be protected as a high income level worker. This coverage also usually extends to those doing high-risk jobs.
Typically this coverage is offered through your employer rather than an individual, but workers’ comp, or workman’s comp will cover the cost of medical injuries and lost wages for work-related accidents.
You and your family rely on your steady paycheck. Don’t allow an injury to uproot your entire life. We’ll find the right disability insurance for you and your family to ensure you’re always financially stable no matter what life throws at you.