Disability Income

Individual Life Insurance

After a disabling accident or condition, disability insurance can help mend your financial worries by providing a supplement to your income. Disability insurance is available in short-term and long-term varieties, depending on your individual need.

Disability income insurance is often called “loss of time” or “loss of income” insurance and provides periodic payments when an insured individual is unable to work due to injury or illness. Benefits are normally paid monthly, with benefits being paid anywhere from five years or for life, depending on the provisions of the policy.

If your employer does not provide the option for disability insurance, it is available on an individual basis.

"Disability income insurance is a way to protect yourself from extended time off from work, and it is especially relevant for physicians. Both medical expense and disability income insurance are available on either a group or individual basis."-Bob Poletti

To explore disability insurance further or to obtain a quote, contact Insurance Planning Group today.