Most people insure their material possessions—their homes and cars, for example. But many of these same people don’t insure what is probably their most valuable asset — their ability to work and earn income. If you become sick or are injured and can’t work, will you be able to pay your bills and maintain your standard of living?
If you depend on your income to pay the bills, you need to seriously consider buying disability income insurance from Stockholm Insurance Group (SIG). Disability income insurance can help you pay your bills by replacing a portion of your income. It can help you maintain your current lifestyle and help protect you and your family from going into serious debt.
Individual disability insurance is truly a basic concept. It is an insurance product designed to replace anywhere from 45-60% of your gross income on a tax-free basis should a sickness or illness prevent you from earning an income in your occupation.
Every disability insurance policy from every insurance company is very different. Here at Stockholm Insurance Group (SIG), our goal is NOT to just help you shop for the most competitive rate. In general, premiums are higher for policies that provided more monthly benefit, pay the benefit for a longer period of time, and start payments for benefits more quickly following a disability. Premiums also tend to be higher for policies that define disability in broader terms, meaning the policy would pay benefits in a wider variety of circumstances.
At SIG We can help you:
- Make an educated decision on purchasing disability income insurance.
- Provide you with information regarding the major features of various disability insurance policies.
- Locate a rate and a plan that exceeds your needs in case of a disability.
If you are interested in receiving a FREE quote for Individual Disability Insurance – Income Protection, please use our Request a Quote form and we will provide you with the best priced quotes to suite your specific needs fast and easy.