How
Would You Pay Your Bills if You Become Sick or Hurt and Unable to Work
- Consider all the things that depend on your income: Rent, mortgage
payment, car payment, food, utilities, etc.
- Your ability
to earn an income is one of your most valuable assets.
- Whether you are employed by a company or self employed If
you depend on your ability to earn an income to support yourself and your family disability insurance should be a part of
your financial plan.
Can You Depend on Social Security
- 70% of all applicants that apply for disability benefits
with Social Security are rejected.
- To qualify
for disability benefits with Social Security the disability must be one that can be expected to result in death
or which can be expected to last for a period of not less than 12 months.
- For most people even a short term disability of 3, 6, or 9 months would be financially
devastating.
Understanding Disability Insurance
- Benefits are paid direct to you on a monthly basis when an accident or illness prevents you from working.
- You are fully covered on or off your job; benefits are paid in addition to workman's compensation.
- You must be employed full time; 32 or more hours each week to be eligible for this plan
of insurance.
- Elimination period; your benefits can start 30,
60, or 90 days after an accident or illness prevents you from working and earning a paycheck.
- You can select how long you want your benefits to be paid; 6 months, 1 year, 2 years,
5 years, 10 years or to age 65.
- You can choose a monthly benefit
from 45%-75% of your gross monthly income.
Office Phone: (205) 940-9010
Email: Steve@AdlmanAgency.com