Disability Insurance

Protect yourself with disability insurance from Team

Both Life Insurance and Disability Insurance are extremely important for working families. You rely on your paychecks, and the ability to make a living is your most valuable asset, even though you may think it is your house or your car. If you become disabled due to injury or illness and cannot work, you lose the ability to make a living, temporarily or permanently.

By purchasing coverage, you will protect the lost income if you cannot work because of a disability. You may not think about it now, but statistics show that at least one in four 20-year-olds will experience an issue before the age of 67, for 90 days or more. Anything can happen in life, and disability claims do not come only from worst-case scenario injuries. Making sure that you are protected in the event you become disabled is important for you and your family.

personal liability

Things to Consider:

This may be offered by your employer, or you can purchase it individually. In the event it is not available through work or if you are self-employed, you can purchase the policy on your own. There are many benefits of purchasing the policy personally, and we at Team Insurance will assist you with selecting a policy tailored to your specific needs.

Purchasing your own policy will give you more options for customization and opportunities to add extra features to your policy. Our independent agents will help you choose an insurance carrier with the best rates. Your own coverage will continue even if you switch jobs, unlike the coverage offered through your employer.

Different factors will affect the cost of your Disability Insurance, including your age and health, gender, smoking habits, occupation, definition of disability, waiting period, income, length of benefits, and extras you might add. On average though, according to statistics, the annual price for this type of policy is between 1% and 3% of an individual’s yearly income.

Get in Contact:

Purchasing Disability Insurance is adding the extra layer of protection in the event something goes wrong in life. Get in touch with us today to receive your fully customized insurance quote. Discover the different coverage options and see how we can make a difference in your life!

Popular Coverage Options:

Short-Term Insurance

The policy will protect your income by providing funds to help you cover various monthly expenses, including rent, mortgage, car loan, or utilities, in the event you are unable to work because of total disability due to injury or illness. The name of the policy speaks for itself, as it is designed for short-term disability.

Long-Term Insurance

The policy will pay monthly income to you in the event you become disabled due to injury or illness and are unable to work. Your long-term disability insurance policy can help to cover your bills, groceries, rent or mortgage payments, or car loan payments.

Mortgage Insurance

In the event you become totally disabled because of injury or illness, mortgage disability insurance policy will make mortgage payments for you using an agreed monthly benefit amount.

Individual Credit Insurance

The policy will make your loan payments in the event you become totally disabled, in order to not let the disability damage your credit. The loan payments will go directly from your insurance company to your lender.