Are you self-employed? If yes, then perk up your ears. If you couldn’t work because of an illness or accidental injury, how would you pay bills and provide for your family and yourself? An individual disability income (DI) policy provides…
What would happen to you and your family if you couldn’t do your job and earn income? How would you pay bills? Disability Income insurance provides monthly income if you can’t do your job due to an illness or accidental…
This is Jim and his family. Jim was a dentist who had a thriving practice. One day, Jim was cleaning out the garage and some debris got in his eyes. Come to find out, that debris had some really nasty…
Long-term disability is a good choice for most people because it reduces the risk of financial setbacks if you become disabled. If you don’t have coverage, that period with no income could make it hard to pay bills, support your…
Dealing with a disabling injury or illness can be super stressful and expensive. If you have an individual disability insurance policy and qualify for benefits, it can be a real game changer. How do you file a claim? First, contact…
What is disability insurance? Disability insurance provides partial income so you can pay your bills if you get too sick or injured to work. It’s simply income or paycheck protection. Disability happens more often and to more people than you…
Business Overhead Expense insurance, also known as BOE, is disability insurance that pays monthly payments to cover business expenses so your business can continue to operate smoothly if you become disabled. Who can get BOE?
If you have a disability insurance policy, become disabled and can’t work, you’ll be grateful you have disability insurance to replace a portion of your paycheck. An important thing to consider is “Are my disability benefits I receive taxable?”
Disability insurance is protection for your paycheck. There are many riders (policy add-ons) available to customize your coverage. The future increase option (FIO) is a popular rider of a long-term disability insurance policy. It’s also known as future purchase…
Residual Disability Benefits are paid to you when you are considered partially disabled. How Do I Qualify for Residual Disability Benefits? There are 3 factors: Loss of Income – When you lose at least 15-20% of your income as a…