Disability Insurance is
              …extremely important if you have bills!

Disability insurance is offered in two basic forms: short-term disability and long-term disability. Short-term disability insurance provides benefits for a relatively short period of time, from several months up to two years. Disability insurance is extremely important for small firms which may have to fold if the member partner or owner is injured or otherwise disabled for a lengthy period. Disability insurance ensures that the 'doors can stay open' by covering expenses for lease agreements, staff and equipment overhead, etc. Disability insurance is a unique financial planning vehicle because it insures what is usually one's largest asset (often forgotten) the ability to earn an income and thus one's future income.

Not only is disability extremely important for business owners but anyone that has bills to pay, who wouldn’t be able to pay those bills if they were sick, or in the hospital. A disability insurance policy will pay 40 – 60% of your income to you. (those percentages are based on your annual income level)

Disability insurance is designed to replace lost income and help you pay your bills. It is different from health insurance, which is designed to cover your medical costs. Disability insurance is a policy you can buy that will pay you a monthly income if you can't work due to illness or injury. How much and for how long it pays depends on the policy. Disability insurance is not designed to make you rich. Rather, it is a protection plan for your current earning power.

Call me for a free review of your disability insurance needs.