Vikramjit Bhatt

Disability Insurance: Safeguarding Your Income

Disability Insurance: Safeguarding Your Income Disability insurance, also known as disability income protection, serves as a vital shield for your financial well-being. This insurance is designed to provide a partial replacement of your income in case you become disabled due to injury or illness, rendering you unable to earn your regular income.

• Available for issue ages 18-69.
• Offers coverage ranging from $1,000 to $6,000 per month for injury only, available in 24-hour or non-occupational forms.
• Various benefit periods to choose from: 2 years, 5 years, or coverage until age 70.
• Flexible waiting periods: 0, 30, or 120 days.
• Benefits are determined based on gross business revenue or employed income.

• Designed for issue ages 18-64.
• Provides coverage ranging from $1,000 to $6,000 per month for illness, with 24-hour coverage.
• Benefit periods options: 2 years, 5 years, or coverage until age 70.
• Offers waiting periods of either 30 days or 120 days.
• Must be purchased in conjunction with injury coverage.
• The amount for illness coverage must be equal to or less than the injury coverage amount.

Don't leave your income vulnerable in times of disability. Disability insurance serves as a safety net to ensure that you and your loved ones are financially secure even during challenging times. Protect your income and future by exploring disability insurance as a crucial component of your financial plan.