Help Your Clients Protect Their Ability to Earn an Income
43% of all current 40 year-olds will have a disability event lasting 90 days or more by the time they’re 65*.
Disability Income Insurance Basics
How Does Disability Income Insurance Work?
If you’re client becomes sick or injured and can’t work, they’ll receive a monthly benefit – think of it as a monthly paycheck – that helps replace a portion of their lost income.
How Much Income Can Disability Income Insurance Replace?
Disability insurance can replace 50 – 70% of a client’s income if they’re sick or injured and are unable to work.
How Soon Can Clients Get Benefits?
There’s an elimination period that begins after the disabling event occurs. The elimination period varies based on your client’s occupation and the policy they select.
Help your clients learn even more about the benefits of having disability income insurance by reviewing the Mutual Income Solutions Needs Brochure with them at your next appointment.
Source: Council for Disability Awareness, www.disabilitycanhappen.org