Disability
Income Insurance — An Overview
Disability
insurance can be just as important as life insurance when it comes
to protecting your family.
Your chances
of becoming disabled are actually greater than your chances of dying
prematurely. If you cannot work because of injuries after an accident
or because of illness, how will your family survive without your
paycheck? ()
 Simply
provide a few brief facts about yourself in the area below to get
the process started. You will receive your free no-obligation
quote on disability insurance and a free e-book copy of, "The
Insiders Guide to Disability Insurance."
Disability
insurance is designed to replace your salary so that you can hold
on to your house and other assets, and keep paying your regular
bills even if you are unable to work. One illness or major accident
involving a breadwinner is often enough to push families into bankruptcy.
In fact, medical bills and disabilities are the number one cause
of bankruptcy in our country.
Many people
believe that if they become disabled, they will receive money from
the government. However, Social Security only pays out if you are
completely and totally disabled and unable to work for at least
one year. Disability insurance can cover shorter periods of disability.
How much
insurance should you buy? That depends upon your income level. The
more you earn, the more insurance you should buy.
A good policy
should not have a long waiting period before your benefits begin.
It should allow you to work at a lower level and still supplement
your income.
How can
you find a good disability insurance policy? In the old days, you
would have to contact a variety of companies yourself and compare
rates and policies. Today you can use the technology of the Internet
to do this for you. All the companies that insure our clients are
stable, 'A' rated American insurance carriers and we will find your
best rate automatically.
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