Individual Disability Insurance

For many people, the ability to earn an income is their most valuable asset. Losing that ability would have a devastating effect on them and their families. For many families it would be impossible to continue the lifestyle to which they’ve become accustomed.

A death or disability in a family could seriously hinder the financial future of a spouse and children, if precautions were not put in place. Creating a safety net for emergencies and tragedies can make a world of difference for a family facing the unexpected.

Protect Your Business
For the small business owner, when you’re disabled and your income is drastically reduced or stopped, you still have to face your continuing overhead expenses -- rent, bills, salaries and more. In order for your business to stay open, you must continue to pay for these ongoing expenses. Should a key employee become disabled, you may experience a loss in profits or have an additional cost associated with finding a replacement. If a total disability gradually forces one of the owners to stop working, a disability buy-out agreement could reimburse the buyers of a business for the cost of purchasing the disabled insured’s interest in the business.

Disability Income
Disability Income insurance replaces a portion of earned income lost due to a total or partial disability

Disability Overhead Expense
Disability Overhead Expense reimburses a business owner for covered overhead expenses of his or her business that continue during a period of partial or total disability.

Key-Person Disability
Key-Person disability coverage provides a benefit to the business in the event the key employee is disabled.

Disability Buy-Out Coverage
Disability Buy-Out Coverage helps fund a disability buy-out agreement with installment or lump-sum payments.