Disability Income Insurance

Your most important asset is not your home, your car, your jewelry or other possessions. It’s your ability to earn a living. Think about it: All of your plans for the future—from buying a home to putting your kids through college to building a retirement nest egg—are based on the assumption you will continue to earn a paycheck until you retire. But what would happen if those paychecks stopped? That’s where disability income insurance comes in. It provides an income to you and your family if you are unable to work because of illness or injury.

Unfortunately, the risk of becoming disabled is twice as high as the risk of early death. And most disabilities are caused by health conditions like stroke, heart attack or cancer—not by accidents or injuries. The fact is that just over 1 in 4 of today's 20-year-olds will become disabled before they retire.

What is Disability Income Insurance?

• Disability income insurance replaces income if you’re too sick or injured to work.
• Disability income insurance can supplement long-term disability coverage that you may have through your employer.

What are some Benefits of Disability Income Insurance? 

• Disability Income Insurance replaces a percentage of base salary and regular bonus or incentive income.
• DI can cover retirement contributions and student loan payments.
• When you pay for this individual coverage with after-tax dollars, any benefit payments you receive are tax free.
• Your disability income policy belongs to you even if you change jobs.