Disability Income & Long Term Care

DISABILITY INCOME INSURANCE

Pays you income based on suitability requirements and needs  for partial or permanent income. It provodes income to sustain you and your life style! Disability Income Insurance helps protect your personal retirement!

Benefits that are Value added:

  • Customized coverage, person by person
  • Good health benefit
  • Waiver of premium
  • Multi-life premium discounts
  • Rehabilitation payments in addition to income
  • Survivor benefits
  • Surgical transplants benefit
  • Successive periods of disability
  • Reduced premium non use of tobacco
  • Cost of living adjustments
  • Automatic increase for up to five years
  • Future Increase purchase coverage, as life needs increase
  • Discount for multiple lives policies

DISABILITY OVERHEAD BUSINESS EXPENSE

Issued separately from income disability. For the normal overhead expenses during the disability period of the insured of a business or partnership; including replacement same profession personnel.

LONG TERM CARE & DISABILITY

Long Term care insurance gives you a choice to live how you want and where you want. For people who have become chronically ill or cognitively impaired and need regular assistance with daily living. We take for granted such things as bathing, eating, and dressing. Long term care insurance covers part or all of these expenses at home or at an assisted living facility, nursing home or with hospice.

Disability Income for when you can’t work are a compliment to each other to  maintain and protect your life style and secure your income and health. Refer to Individual or group policies.

WHY DO YOU NEED LONG TERM CARE INSURANCE?

  • This year over 9 million Americans over the age of 65 will need long term care services
  • Medicare coverage is limited and short term
  • Care for those who need it is expensive. National average for 2008 for one ear of care in a nursing home was $39,000 to $64,000 for a semi-private room
  • On average, someone today 65 and older will need some long term care services for 3 years; 20% will need services for 5 or more years. 40% of people currently receiving long term care are ages 18 to 64!
  • Most U.S. adults say the would not be able to pay their bills if they became disabled
  • Planning ahead is a smart move! It will help protect your retirement savings!
  • Protects your assets and income with tax advantage money to pay expenses
  • Tax savings on curent premiums for Long Terms Care coverage
  • Spousal coverage on same policy

WHY DO YOU NEED DISABILITY INCOME COVERAGE?

  • There are thousands of accident related disabilities
  • There are thousands of disease related disabilities
  • There are thousands of age (young and old) related disabilities
  • There are thousands of genetic related disabilities
  • There are thousands of social related disabilities
  • There are thousands of unknown reasons related to disability
  • There are thousands of young fathers and mothers disabled
  • There are thousands of dollars of long term income loss
  • There are thousands of dollars of long term expenses to be paid
  • There are thousands of life style reasons
  • There are thousands of days you may be disabled
  • There are thousands of “I did not know that”, related to disability
  • There are thousands of reason that Medicare will only pay a small amount
  • There is this: “Protect your most valuable assets…Your Income and Life!