If you are disabled, where will the money for your care come from? Many people believe that they will be covered by Social Security or Workers' Compensation if they were to become disabled, but the facts are too great to ignore.
Less than 10% of disabling accidents and illnesses are work-related. The other 90% are not, meaning Workers' Compensation doesn't cover them. Additionally, only 35% of workers applying for Social Security Disability Insurance (SSDI) claim payments in 2009 were approved.*
Features of Disability Income Insurance
*Source: Council for Disability Awareness, Long-Term Disability Claims Review, 2010.
Features of Disability Income Insurance
- Worldwide, 24-hour-a-day coverage while on or off the job.
- Coverage is guaranteed renewable to age 67.
- Provides a non-coordinated benefit, which means the base benefit you purchase will not be reduced by any other disability benefits you may receive.
- Premiums are waived after disability extends through 90 consecutive days. Refund will include premiums paid during the 90-day period and premiums due while you are still disabled.
- A partical disability benefit is included at no additional cost. Partial disability must follow a period of total disability for which benefits were paid. Partial disability will equal 50% of the total disability monthly benefit.
- A recurrent disability benefit is included at no additional cost. If disability recurs from the same or related causes, it will be deemed a continuation of the previous disability unless you have been actively at work for six months or more.
*Source: Council for Disability Awareness, Long-Term Disability Claims Review, 2010.