Disability Insurance Information

The statistics are frightening: During our lifetimes, we're more likely to become disabled than to die... much more.

Common Disability Questions & Answers

Q.When would I become eligible to receive income protection benefits?

A.You choose when you would like benefits to begin. The most popular elimination periods are 30, 60, 90, or 180 days.

Q.How long will my benefits last?

A.Your benefits can last 6 months, 1 year, 2 years, 5 years, 10 years or even To Age 65, based on your occupation and needs.

Q.Are my benefits paid to me in addition to Worker’s Compensation or Social Security?

A.Yes, the base policy benefits are paid directly to you. They are not reduced by the Worker’s Compensation or Social Security benefits you may be eligible for. If you choose the optional Integrated Monthly Benefit Rider, those benefits are coordinated with Worker’s Compensation and Social Security.

Q.What is the premium for this important protection?

A.The average cost is usually 2%-3% of your annual income. But you can adjust the premium to fit your needs based on the elimination period, benefit period and monthly benefit you choose.

Q.If I never use my coverage, will I get any of my premiums back?

A.Yes. A very valuable rider is available, the Surrender Value Rider (SVR), which returns all your premiums at age 65, less any claims.

Q.How do I obtain my own income protection plan?

A.Your LIA agent will help you design an income protection program that best fits your needs.

Disability is Often Overlooked

Income protection, or disability insurance (DI), is often overlooked when individuals consider their insurance needs. But protecting your most valuable asset–your ability to earn a living–is one of the most important financial decisions you can make.

Disability insurance means that if you become totally disabled, you’ll receive monthly payments based on your particular policy. These payments will help you continue paying living expenses and more.

Wisconsin Residents: Contact Us About Disability Insurance today and one of our agents will help you answer all your questions.

Non-Residents: Go to Insurance4USA.com for you Disability Quotes. This is one of the few websites you can get a DI quote on. It is a very good, thorough, accurate, reliable source for quotes. Get quotes from multiple companies & agents. The reason I know they are good, is because many of my clients went to Insurance4USA.com and found me... you can find good agents on-line!

For More Free Help Download this Guide:

Could Disability Insurance Mean Financial Survival? - A brochure that highlights the importance of DI and defines coverage's.