Disability Insurance: Are You Adequately Covered in the Case of a Sickness or Injury? Many People Aren't!

90% of Disabilities Are Not Work or Injury Related...

A large misconception when people think about disability insurance is that all incidents are work related and that they are covered by Workers Compensation. However many injuries or sicknesses do not happen at work and if this is the case Workers Compensation does not apply. In fact, statistics show that the bulk of disabling injuries and illnesses are not work related. 90% are sickness related. Disabilities often occur from car accidents and weekend sports injuries. 

And Are Not Covered by Workers Compensation

Many people rely heavily on workplace and social programs to take care of them. These solutions are often limited or nonexistent, and even if you do qualify, the coverage you receive will not maintain an adequate standard of living.

An Injury or Sickness Can Put an Immediate Halt on Income, Increase Costs, Last for Years and Prevent Saving for Retirement

The risk of becoming disabled is not rare, and if you do not have adequate individual disability insurance to protect you, and you lose your income, it can be devastating! Current statistics show that a 35 year old has 25% chance of being disabled for 90 days or longer.

1 in 3 People Will Be Disabled for 90 Days or Longer Before Age 65
If You Get Sick or Injured, Who's Going to Pay Your Bills?

Ststistics show that on average 1 in 3 people will be disabled for 90 days or longer at least once before reaching the age of 65. Many of us understand the purpose of life insurance but many do not understand the necessity of disability insurance. Disability Insurance protects a person or company's greatest asset: the ability to earn a decent living. An Individual Policy is tailored to your income and lifestyle. It covers illnesses or injuries that happen outside of the workplace. When disabled your income stops, but your bills and commitments do not! 

Superior Service
Let ICC Educate You on Different Coverage Scenarios, Help You Determine the Best Plan for Your Specific Situation, Shop the Market with the Different Insurance Companies, 
And Get the Best, Custom Coverage for You at the
 Lowest Premium

How much coverage you'll need and how much you'll pay for insurance is based on many factors...

  • How long can you survive financially without income? 30 days? 60 days? 90 days? Longer?
  • How much insurance would you like or need?
  • How long would you like or be able to collect?
  • What do you do for a living?

All of these affect the price. Also, in an individual policy the income is not taxable so you may only need about 70% of your current income.

An Insurance Advisor is your best asset in educating you on the coverage types, the differences between suppliers and in helping you determine the right insurance coverage for your specific situation. They can also answer all of your questions and get you the best pricing. Remember, if you use an independent broker they will shop the market for you, not just sell you one specific company’s product.