Disability

How long can you survive without a paycheck?

Ok picture this… You are in an accident and you are physically injured or acquire a brain injury or you develop an illness or a disease and are unable to work. Do you know anybody this has happened to? Chances are you do. And were they able to return to work? How many weeks or months were they off? Were they able to do the same job when they returned? How did their quality of life change?

Now picture this… It just happened to you. What would you do? How long can you survive without another paycheck?

Think about it.

Health insurance pays the doctor…

Auto insurance fixes your car…

Homeowners insurance fixes your home…

But who is going to pay for your mortgage, groceries, lights, cable, phone, gas, child care… or whatever else?

Did you know that 70% of people are denied for social security income (SSI) the first time they apply? Then you get the oh-so-fun experience of arguing with the government or paying an attorney to try to get it for you. Then IF you are accepted for SSI they’re NOT going to pay you very much. Definitely, NOT enough to sustain your present lifestyle.

There are 3 primary things we need to balance to design a policy for you that will be both valuable to you AND affordable.

1. We need to determine the ELIMINATION PERIOD. That’s the amount of time you have to be injured for before your benefits begin. Some examples are 30, 60, and 90 days. The longer the elimination period, the lower the monthly premiums.

2. We need to determine the BENEFIT AMOUNT. This is how much money the policy will pay you each month. Many carriers limit that amount to about 60% of your income at the time of application. The higher this number the higher the premiums.

3. Lastly we need to determine HOW LONG you will receive the income payments for. Some examples are 1, 2, 5 and 10 years. Some companies will even pay you to age 67 if your illness or injury lasts that long. The shorter this duration the lower the premiums.

We never want you to be faced with a scenario where you run out of MONEY before you run out of MONTH!

So call us today for a no obligation, free consultation so that we can design a policy built specifically for you that will protect you or your family from the loss of your income.