disability insurance

• What is the purpose of disability insurance?

The purpose of disability insurance is to protect and replace a portion of your income if you suffer a disabling injury or illness that keeps you from earning a living.

What are the two most common types of disability insurance?

There are two types of disability policies. Short-term policies may pay for up to two years. Most last for a few months to a year. Long-term policies may pay benefits for a few years or until the disability ends.

Is disability insurance a good idea?

Long-term  disability is a good investment for most people because it dramatically  reduces the risk of financial setbacks if you become disabled.  Without a policy, that period without income could make it hard to  afford everyday necessities, support your family, or keep up with  savings and retirement goals.

Who needs disability insurance the most?

Examples of People Who May Benefit from Having Disability Insurance

• If you are the  Sole Provider of the Family.  
• People in Physically Demanding Roles.
• Parents. 
• Those With Recurring Injuries.