Disability Insurance
Disability insurance is a critical component of financial planning that provides financial protection in the event of a policyholder’s inability to work due to a covered disability. At Independent Insurance Services, we understand the importance of protecting your income and we offer a variety of disability insurance options to meet the needs of our clients.
937-260-4420
What Is Disability Insurance?
Disability insurance is a type of insurance that provides a source of income in the event of a policyholder’s inability to work due to a covered disability. This type of insurance helps to replace a portion of a policyholder’s income and can provide financial support for daily living expenses, medical bills, and other expenses.
Types of Disability Insurance
There are two main types of disability insurance, short-term and long-term.
Short-Term Disability
Short-term disability insurance provides coverage for a specified period, typically ranging from three to six months. This type of insurance is designed to provide financial support for a policyholder during a period of temporary disability, such as a broken bone or surgery.
Long-Term Disability
Long-term disability insurance provides coverage for a longer period, typically ranging from two years to the policyholder’s retirement age. This type of insurance is designed to provide financial support for a policyholder who is unable to work due to a covered disability for an extended period of time.
Why Do You Need Disability Insurance?
Disability insurance is an essential component of financial planning and can provide financial protection in the event of a policyholder’s inability to work due to a covered disability. Some of the key reasons to consider disability insurance include:
Protection of income
Disability insurance helps to replace a portion of a policyholder’s income, providing financial support for daily living expenses, medical bills, and other expenses.
Peace of Mind
Disability insurance can provide peace of mind to policyholders and their loved ones, knowing that they have a source of financial support in the event of a covered disability.
Coverage for Expenses
Disability insurance can help to cover a variety of expenses, including medical bills, rehabilitation costs, and daily living expenses.
At Independent Insurance Services, we understand the importance of protecting your income and we offer a variety of disability insurance options to meet the needs of our clients. Our knowledgeable and experienced insurance agents are available to help you determine the right coverage to meet your needs and answer any questions you may have about disability insurance.
Disability insurance is a critical component of financial planning that provides financial protection in the event of a policyholder’s inability to work due to a covered disability. At Independent Insurance Services, we are dedicated to helping our clients protect their income and provide peace of mind to themselves and their loved ones. Contact us today to learn more about our disability insurance options and how we can help you find the right coverage to meet your needs.
937-260-4420
6718 Loop Rd
Centerville, OH 45459