Individual or "Supplemental" Disability Plans

After
all,
you
probably
can't
afford
to
live
on
just
60%
of
your
salary.
   If you are self-employed or not covered by your employer, it clearly makes
sense to consider purchasing an individual plan. But even if you are covered at
work you may want to consider supplementing what you've got. After all, you
probably can't afford to live on just 60% of your salary. An individual plan will
allow you to insure another 10% to 20% of your income. And in some cases, you
may even be able to get individual coverage for a six-figure salary and a bonus —
something you'll never get with a group plan.

      
Why spend the extra money?

  • An individual policy stays with you when you switch jobs.

  • It is more comprehensive than group coverage

  • Group plans inherently suffer from reverse discrimination for executives and
    other highly-compensated employees

  • Unlike group policies, the amount that you receive is also not offset by any
    other benefits, such as Social Security, that you may receive.

     
For a no obligation quote
and/or
additional information
how individual disability coverage

can be tailored to benefit you -
contact us.
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Financial
Planning
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Business
Planning


Buying a Policy:  
Unfortunately, buying
an individual plan can
be tricky. Just like life
insurance, prices will
vary based on a host of
factors including one's
age, gender, amount of
coverage and health
status. Even one's
occupation can affect
the coverage and
pricing.