How Long Could You Afford To Live Without A Paycheck?

You rely on your income to fund every aspect of your life. If you are like one of the millions of Americans who unexpectedly becomes unable to work each year due to illness or injury, the last thing you want to worry about is how to continue paying your bills without an income.

A common misconception about disability income insurance is that its sole purpose is to cover against catastrophic events resulting from accidents.

In fact, illnesses like cancer, depression, and multiple sclerosis far more often impact your ability to work and support yourself and your family.  Individual disability income insurance is designed to protect your income if you cannot work due to illness or injury.

Did you know?

90% of disabilities are caused by illness1

10% of disabilities are due to injuries1

1 in 4 of today’s 20-year-olds will become disabled before retiring2

Why you need disability income protection before you’re sick or injured

  • Apply While You’re Healthy. You get the most favorable terms by buying individual disability income insurance before you need it. Once you’re too sick or injured to work, you usually can’t get the protection you need.
  • Lock in Pricing. Once you have your non- cancellable and guaranteed renewable policy, the amount you pay each month is guaranteed, and the insurance company can never cancel your coverage as long as you make your payments on time.
  • Secure Coverage While on the Path to Your Career. If you’re studying to become a professional such as a doctor, dentist, or a lawyer, you can apply for insurance before you graduate, with options to increase coverage as your income grows.
  • Customize Your Coverage. You can select options to customize your protection. These options can let you increase coverage as your income grows and help keep pace with the cost of living. You can even buy coverage to help you replace your retirement plan contributions or protect your ability to repay student loans during a period that you can’t work due to sickness or injury.

Types We Offer

Individual Disability Insurance
  • Replaces income if you’re too sick or injured to work.
  • Can supplement long-term disability coverage that you may have through your employer.
  • Replaces a percentage of base salary and regular bonus or incentive income.
  • Can cover retirement contributions and student loan payments.
  • When you pay for this individual coverage with after-tax dollars, any benefit payments you receive are tax free.
  • Your policy belongs to you even if you change jobs.
  • You may need individual disability insurance if you or your family rely on your income.
  • You are a high-earning individual who needs more income protection than the coverage offered by your employer.
  • You don’t have any disability insurance through work.
Disability Insurance For Business Owners
  • As a small business owner, different types of disability insurance can help protect your business if you can’t work as a result of an injury or illness.
  • Provides several options to help your business continue meeting its daily expenses – including employees’ salaries.
  • Offers funding to buy out a partner who can’t work due to illness or injury.
  • Continues payment of business loans.
  • You’re a small business owner who wants to be certain your business can keep running if you become unable to work due to illness or injury.
or Group Disability Insurance Offered By Your Employer
  • Replaces baseline income if you’re too ill or injured to work.
  • Provides a good foundation for income protection – typically safeguards from 40% to 60% of your base salary after taxes.
  • Your employer provides this coverage. Basic coverage protects about half of your income.
Supplemental Individual Disability Income Insurance
  • Extra coverage that your employer can offer on top of the base long-term disability insurance they may already offer you.
  • Can help you protect more of your base salary as well as different types of income like bonuses and incentive compensation.
  • You own the policy, even if you change jobs.
  • No medical exam is required, making it an easy option.
  • Your employer offers this coverage and you want to safeguard more of your income.
  • Most of your income is derived from bonus or commissions.