Disability Insurance
Disability insurance, also referred to as “DI” or “disability income insurance, is a type of insurance that protects workers from losing wages should an injury, a disability, or other grievance prevent the performance of his or her duties at the place of employment. Whether the problem makes working uncomfortable (like a psychological condition), painful (like carpal tunnel syndrome), or flat out impossible (such as paralysis), there are different levels of disability insurance that providers offer.
Some of these injuries occur on the job, but many happen when the employee is not at work. For these situations, your work may not cover the lost wages, especially if you are self-employed. In order to ensure that you are not forced to work while injured or forgo wages, it is important to protect yourself with disability insurance.
Disability Insurance Benefits
What are the benefits a person gets from disability insurance? Just like any other insurance policy, you get the peace of mind that comes with knowing you are covered in the event of an emergency. But you also get additional benefits.
Should you be badly hurt and unable to perform, your claim will be judged for merit. Depending on your policy and the severity of the injury, you could receive compensation for paid sick leave, short-term and long-term disability insurance benefits.
Disability Insurance Providers
People always insure their assets, but forget that the biggest assets are their job and income. Got DI got leading disability insurance providers that offer policies for own-occupation, income replacement, and business overhead expenses.
Don’t gamble your future believing you can stay healthy. Statistics state that an American is severely injured in an accident once every second and that 33% of the population will spend a minimum of 90 days disabled before turning 65. Yes, one out of three workers will require considerable time away from work to nurse an injury. Don’t take that risk; contact disability insurance providers to receive a quote.
Disability Insurance Quote
In order to protect against the financial hardships caused by an injury, contact us for a free disability insurance quote, so that you can find out how much it would cost to get proper coverage. We have a wide array of riders, so feel free to ask about them with your quote.
May is Disability Insurance Awareness Month, which is obviously a big deal for us. We try to spread the word on just how important disability insurance is to people in valuable occupations. It can seem like an unnecessary cost, but just think about how much money you would be losing if you got injured or ill.
One of the first things people think when they start comparing disability insurance plans is, “Do I really have to pay this much?” It can seem like quite the commitment to make, but it is worth it in the long run. But the good news: there are ways to lower your premiums. Here are a few hints that can make buying disability insurance more tolerable.
