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Disability Insurance
Should you buy disability insurance?
We specialize in offering outstanding disability insurance products to the professional, executive, and white collar marketplace. Please fill out our short form to receive a free disability insurance quote.
Most individuals understand the necessity of a good health insurance program. A severe injury or illness could cause medical bills that without health insurance would be financially devastating. While a good health insurance program can pay most or all of your medical expenses, how would you pay your everyday bills such as your mortgage, food, clothing, phone, gas, car payments, utilities, and other expenses if you were unable to work?
It is vital to realize that the most important asset that most people have is their ability to earn a living, and disability insurance policies are designed to protect your ability to earn. Think about how long you could go without a paycheck. Even if you saved 10% of your income for five years, a relatively short six month disability could wipe out nearly five years of savings!
Many individuals depend on Social Security benefits in the event of a disability, and the truth is they may provide some relief. However, there are strict requirements to qualify for Social Security disability benefits and the coverage is limited, assuming you are able to qualify at all.
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