Personal Disability Income
Personally owned disability income insurance
should be considered in the event you become
disabled and are not able to earn wages. If you
are considering or already have a personally
owned policy there are several areas you
How much of
your income is covered?
How long does
the insurance benefit continue if you have a
What are the
limitations of the contract?
benefits to you taxable or non-taxable if
you have a claim?
disability insurance plans generally insure
a wage earner up to about 60% of what they
were making at the time of an application.
This would be reportable income on tax
returns and generally verified by sending
information to the insurance company to
verify income and expenses.
are a high wage earner your coverage could
actually be far less to you in the event of
a claim. Low group maximum benefits could
limit the actual amount of income paid to
you in the event of a claim.
questions that need to be asked before a
proposal can be sent are,
What do you do
for a living, how long have you been at this
Date of birth,
sex and state of residence
personally tailored disability program can
be designed to fit your needs.
would like one of our representatives to
call please complete the questionnaire and
we will contact you ASAP.
Critical Illness Insurance Protection
opinion this could become one of the most
important products one needs to own if
possible. The contract is designed as a
health related product. If an insured has
one of the conditions that triggers the
benefits and survives initially, a lump sum
of money is paid to the claimant.
Conditions such as a heart attack, life
threatening cancer, renal failure and other
situations trigger the benefits.
product was developed with the idea of
providing the money needed for an insured to
meet expenses following a severe medical
differ somewhat depending which insurer is
being illustrated. Generally one buys a said
dollar amount of benefit, based on age,
insurability and extra options they may wish
to add to the policy.
would like additional information please
complete the questionnaire and we will