Disability Insurance - Disability Can be Expensive
It’s impossible to predict if you’ll become disabled due to a sickness or injury and unable to work, but it is possible to imagine how much your finances could take a hit. Statistics show that most people would find it difficult to meet their current financial obligations if their next paycheck were delayed. With Disability Insurance, you can rest easy knowing you’ll receive an income in case of a covered disability.
Coverage includes benefits that can help pay for total or partial disabilities, including disability due to pregnancy, recurrent disabilities, or organ donation. Disability coverage provides monthly cash benefits that can be used to pay mortgage or rent payments, utility bills, childcare, groceries, and more. It’s easy to see how this valuable disability insurance can help you replace lost income when you need it most.
Here’s an example of how the coverage might work. Andrea chooses $3,000 in disability coverage. Six months later, she suffers a disabling back injury and is unable to work for four months. After filing her claim, she receives cash benefits that can help provide an income to cover her everyday living expenses until she returns to work. You can’t predict if or when you will become disabled in your lifetime.
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