Long Term Disability Income Protection Helping You Stay Financially Stable
The loss of one’s most important financial asset-the ability to earn income due to sickness or injury can create a financial burden for an individual or his/her family. A Long Term Disability Income Protection Plan can provide a monthly benefit to help offset a portion of your lost income.
The Monthly Benefit Can Help:
- Pay your bills
- Pay your rent or mortgage loan payments
- Buy groceries
- Make car payments
How Does a Long Term Disability Income Protection Plan Work?
- It pays monthly income directly to you when you’re unable to work.
- You can choose the length of time you must be disabled before you start receiving benefits (Elimination Period) and the length of time you would receive benefits.
- Options include a 5 year benefit period, to age 65 or age 67
- Maximum monthly benefit amounts can vary due to many factors including your income and occupation.
- You can also customize your coverage with different riders.
For more information about this or another plan or if you have a question contact Andrew @ (516) 485-3311