Without you earning a paycheck, how long would you be able to make the mortgage or rent payment, buy groceries, or pay credit card bills without feeling the pinch? If you’re like most, it wouldn’t be long at all: Half of working Americans couldn’t make it a month before financial difficulties would set in, and almost one in four would have problems immediately.
That’s where disability insurance comes in. Think of it as insuring yourself a paycheck. It ensures that if you are unable to work because of illness or injury, they will continue to receive an income and make ends meet until you are able to return to work. – Derived from Lifehappens.org
Temporary Cash Benefits
Disability insurance provides temporary cash benefits to eligible workers who have a full or partial loss of wages due to a non-work-related injury/illness or due to pregnancy. Similar to Workers’ Compensation insurance – which provides wage-replacement for job-related illnesses and injuries, disability provides wage replacement benefits for non-occupational situations. Used in tandem, these products can offer around-the-clock protection against unexpected loss of income. We offer Disability insurance, including Paid Family Leave, In addition to statutory benefits, a variety of enhanced options are available.
COVERAGE HIGHLIGHTS
- Statutory benefits (pays 50% of the average weekly wage to a maximum of $170/week)
- Paid Family Leave
- Enriched benefits (pays 2x or 3x statutory benefits)
- In-Hospital Rider
- Accidental Death & Dismemberment Rider
