Why do your clients need individual disability insurance?
Disability protection is crucial to a solid financial foundation. Unfortunately, most clients don’t realize how important protection is until it’s too late – after they become sick or injured and cannot work. The chances of suffering a disability are higher than one might think and the effects can be devastating to individuals and their families.
Disability Partner offers the complete solution to help protect individuals and business owners from the threat of a disability, including:
Disability Income Protection® – provides personal income protection for individuals to help pay everyday living expenses.
Business Overhead Expense Protection® – reimburses owners for business expenses (including employee salaries) while disabled, to help keep the doors of a business open.
Disability Buy-Out Protection® – funds a buy-sell agreement to buy out a disabled business owner to help keep the business value intact and ensure its succession.
1 – Social Security Administration, Fact Sheet Jan 2009
2 – Social Security Administration, Office of Disability and Income Security Programs
Almost one-third of Americans entering the work force today (3 in 10) will become disabled before they retire.¹
Applications for Social Security benefits increased by 21%, but only 35% of the 2.8 million workers who applied for SSDI were approved.²