The purpose of disability insurance is to protect your income should you become disabled due to illness or injury and unable to work. Most people underestimate the likelihood and also the financial impact of a disability that takes them off the job. According to the Health Insurance Association of America, approximately 30% of all people ages 35 to 65 will become disabled for at least 90 days and about one in seven can expect to become disabled for five years or more. We can find a disability plan for you that will protect your financial security and give you peace of mind.
Those whose employers do not provide benefits, and self-employed individuals who desire disability coverage, may purchase policies. Premiums and available benefits for individual coverage vary considerably between companies, occupations, states and countries. In general, premiums are higher for policies that provide more monthly benefits, offer benefits for longer periods of time, and start payments of benefits more quickly following a disability claim. Premiums also tend to be higher for policies that define disability in broader terms, meaning the policy would pay benefits in a wider variety of circumstances.
To get a quote and learn more information about Disability Insurance and our sister company ICL Financial Services, please click the link below:
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