Disability insurance

To replace income lost due to an accident, illness, or injury.

With so many people living paycheck to paycheck these days, even a temporary loss of income can disrupt a family’s lifestyle and financial security. That’s why group disability insurance can be a tremendous source of comfort for many working families.

The benefits of disability insurance.

Group disability insurance helps provide financial stability and added peace of mind by replacing lost income if a person falls ill or becomes injured and cannot work for an extended period of time. And, unlike workers’ compensation, this economical coverage pays a benefit even if the illness, injury, or accident takes place at home.

What group products are available?

Long-Term and Short-Term Disability Plans

Pays a monthly benefit for a specified period of time in the event the certificate holder is unable to work due to an illness, injury, or accident. (Various terms available.)

Accidental Death and Dismemberment

Pays benefits when death or dismemberment occurs due to an accident (not an illness or injury). Offered as a stand-alone or supplemental product.

Accident Only Disability

Pays a monthly benefit when the certificate holder is disabled due to an accident (not an illness or injury).

Business Overhead Expense

Pays covered office operating expenses such as rent and utilities if the certificate holder is unable to work due to an illness, injury, or accident. (Various terms available.)

6US Social Security Administration Fact Sheet June 2016 https://www.ssa.gov/news/press/factsheets/basicfact-alt.pdf

7"The ethical considerations of selling disability insurance," LifeHealthPro, May 6, 2015. http://www.lifehealthpro.com/2015/05/06/the-ethical-considerations-of-selling-disability-i