What Is Disability Insurance?
What Is Paycheck Insurance?
How Much Does Disability Insurance Cost?
What Are The Different Types Of Disability Insurance?
What Is Long Term Disability Insurance?
What Is Short Term Disability Insurance?
| Short Term Disability | Long Term Disability |
|---|---|---|
Duration | 1 - 2 Years | 5 - 10 Years or To Age 65 or 67 |
Waiting Period | 30, 60, 90 Day Waiting Periods | 30, 60, 90, 180, or 365 Day Waiting Periods |
Guaranteed Cash Value | No | Yes |
Renewability | Can Be Renewed Up To A Specific Age | Can Be Renewed Up To A Specific Age |
Policy Notes | Policy cancels or has to be renewed at the end of the level term. | Policy pays out at the end of the term along with any additional cash value. |
What Does The Best Disability Policy Cover?
A disability insurance policy will cover any costs of living which include:
- Day to Day Living Expenses
- Car Note
- Mortgage
- Utility Bills
- Groceries
- Cell Phone Bill
Policy Features | Option 1(Most Affordable) |
|---|---|
Total Tax-Free Monthly Benefit | $2,500 |
Waiting Period | 90 Days |
Benefit Period | 2 Years |
Monthly Premium | $32.48 |
Policy Features | Option 2(Most Popular) |
|---|---|
Total Tax-Free Monthly Benefit | $2,500 |
Waiting Period | 90 Days |
Benefit Period | 5 Years |
Monthly Premium | $45.71 |
Policy Features | Option 3(Most Coverage) |
|---|---|
Total Tax-Free Monthly Benefit | $2,500 |
Waiting Period | 90 Days |
Benefit Period | Age 67 |
Monthly Premium | $95.15 |
Is There Disability or Paycheck Insurance For Self Employed?
Yes! If you are self-employed, your entire business could be at risk if you don't have some form of disability insurance.
Since being self-employed means that you wear every hat, and most of the time that includes being the breadwinner of the family.
If you were to become disabled, not only would it put major stress on your business, but it would definitely affect your personal life as well.
If you are self-employed, you can't afford to go without disability insurance.
Can You Get Disability Coverage Without A Medical Exam?
Yes, you can get disability insurance with no medical exam. In fact we have a product that offers:
- No blood or urine tests or paramedical exams
- No Attending Physicians Statements (APS)
- No Personal History Interviews (PHI) required
- No income documentation
Can You Get Insurance Quotes For A Disability Policy Online?
When searching online for a disability policy, you need an option that will allow you to get a quote without needing too much of your personal information.
Your individual disability insurance quotes will be specific to you and not only can you get your disability income insurance quote online, you can also apply online for coverage.
It's easy to think that this process is complicated, but in a few minutes you can get a quote, apply online and have a decision within a few days.