Protect your financial security and plan for the unexpected with individual disability insurance. This type of insurance provides financial support in the event that you become totally disabled due to an illness or injury that prevents you from working. With a disability insurance policy, you can receive a percentage of your salary to cover your expenses and protect your family’s financial stability.
There are several types of disability insurance coverage available, including partial or residual benefits, cost of living adjustments, and cancelability and renewability policies. When choosing a policy, consider factors such as the waiting and elimination period, as well as the benefit period. A longer elimination period may result in lower premiums, but it’s important to choose a period that suits your individual needs and circumstances.
At our insurance agency, we understand the importance of protecting your financial well-being. Our professional insurance specialists can help you find the disability insurance policy that’s right for you and your family. Contact us today to learn more about our individual disability insurance options and how we can tailor a policy to meet your needs.