Replace Income in the Case of Severe Illness or Injury
In the event that you are unable to continue working due to injury or illness, this can provide you with income to help you maintain your family’s standard of living. This check will help you continue paying living expenses such as rent, mortgage, car payment, food, insurance, utilities, medical expenses and more.
There are several sources beyond individual disability insurance (IDI) available such as Social Security Disability Insurance and workplace disability benefits. However, SSDI is designed for disabilities expected to last 12 months or end in death. Workplace disability insurance may only cover part of your income, generally 50-60%. An individual disability insurance policy is customizable based on your occupation, income needs and can supplement your group DI policy provided as an employee benefit.