Disability Insurance Quotes and Coverage Options

More often than not the impact of a disability comes as a surprise and, as a result, people are frequently unprepared for just how much of an emotion and financial strain it can be. Being prepared for a tragic event can greatly ease the hardship and allow both you and your family to focus on recuperation. Disability insurance can replace your income if an accident or event hinders your ability to contribute in the workplace.

Disability insurance is categorized into three areas of coverage.

Short Term Disability

• Short term coverage provides monthly income replacement to an individual for up to one year. The payout is generally a percentage of the income or a specified dollar amount. If coverage is provided by an employer, the individual has to be employed by the company for a specific period to gain eligibility. Individual policies usually require no prior conditions of the disability within the last ten years.

Long Term Disability

• Long term coverage requires the same guidelines and offers the same amount of income replacement but lasts at least one year.

Accidental Death and Dismemberment

• AD&D coverage provides income replacement if an accident results in death or dismemberment. Dismemberment can include physical limbs, eyesight, speech and hearing. The result of death or dismemberment has to occur within a specific period of time after the accident, usually a few months.

Find out more information and just how much you can save on disability insurance by completing the form below and you’ll receive your quote shortly!