If something happened and you couldn't work, wouldn't you want to have a plan to take care of you and your family? Your ability to get up each day and earn an income is on of your most valuable assets.
How would you:
- Pay your bills?
- Make your monthly rent or mortgage payments?
- Buy your groceries?
- Make your car payments?
- Provide for your children's education?
- Save for retirement?
Disability Insurance can replace a portion of your income when you are unable to work because of injury or illness. There are two major types of disability coverage:
- A short-term disability plan provides an income for early part of a disability. A policy may pay benefits from two weeks to six months.
- Long term disability helps replace income for an extended period of time, usually from six months to 65 years of age.