Disability Income Insurance
Replaces some of your regular income in case of an injury or illness that makes it impossible for you to work. There is a short- and long-term disability income depending on your preference.
Why do you need disability income insurance?
If illness or injury kept you from bringing a paycheck home, how would your family make ends meet? Disability income insurance can help. It replaces some of your lost income so you can continue to pay your mortgage, utilities, childcare, and other everyday expenses.
Key features of disability insurance
Disability insurance provides a monthly cash benefit to help replace some of the wages you lose when you’re too sick or injured to work.
Affordable Monthly Protection
Typically, disability insurance costs between one and three percent of your salary. That's dollars a day to help protect your family and your lifestyle.
Pays while off work and part time
Get paid the full monthly benefit amount if you're totally disabled, and then partial monthly benefits if you return to work part time.GET A QUOTE
Business Overhead Expense (BOE) Disability Insurance for Small Business Owners?
Business Overhead Expense Disability Income (BOE) is a guaranteed-renewable disability income insurance policy intended for business owners with ten or less employees. It pays a monthly overhead expense benefit while the insured is totally or partially disabled.
Who can qualify?
To qualify for coverage, the business owner must:
- Own the business for at least one year tax documents required as proof.
- Start receiving payments immediately or at some later date
- Have a net profit of at least $10,000 for the prior year; and
- Not be operating the business from their home.
Group Disability Insurance
Your employees depend on their paychecks to support their families and lifestyles, but a sudden disability can threaten their ability to earn. Let them know that you’re there to support them by offering Group Short-Term or Long-Term Disability insurance. At no direct cost to you, you can make sure your employees stay afloat while recovering and they’ll thank you for it.GET A QUOTE
The financial hardship a critical illness may cause can add even more stress to an already trying time. This coverage helps to ensure you can focus on healing first and expenses second.
What is considered a critical illness?
The following are considered a critical illness:
- Coronary artery bypass surgery
- Heart attack
- Organ transplant
What is covered by critical illness insurance?
- Out-of-pocket medical costs such as deductibles and copays.
- Unexpected recovery costs, including extra-childcare, rehab, or other assistance.
- Everyday costs, such as mortgage payments, groceries, and other bills.
- Anywhere else financial support is needed.
- Access an extensive network of health care professionals, hospitals, and other facilities.