It’s not a subject anyone wants to think about, but should be planned out so in the event disability occurs you’re not worried about how to pay bills. Without a paycheck how long would you be able to pay your mortgage, buy groceries, or pay credit card bills? For half of Americans it wouldn’t be much longer than a month. For 1 in 4 Americans it would be immediately.
Disability insurance is simply explained as insurance for your paycheck. It ensures that if you are unable to work because of illness or injury, you will continue to receive an income until you’re able to return to work. Why would you hesitate to insure your paycheck when you don’t hesitate to unsure your home, car and other valuables.
The types of Disability Insurance we offer includes:
- Individual Disability Insurance
- High-Limit Disability Insurance
- Key-person Disability Insurance
- Workers Compensation
Even if you have a group disability insurance form your employer, it may still be advisable to evaluate your coverage. Most employer-provided policies are rather limiting and may not offer the coverage you need. If you signed disability insurance paperwork in a rush when you got hired, definitely take a closer look. Our agency can help you find a supplemental policy or a new, more comprehensive one.
Freedom Insurance Agency