Disability Insurance

Prolonged unemployment due to illness or injury can jeopardize a person’s lifestyle and savings. According to the Social Security Administration, almost 1 in 4 of today’s 20 year-olds will become disabled before reaching age 67. Disability income insurance provides workers with paycheck protection. It provides cash to cover expenses such as mortgage payments, rent, or utilities, childcare expenses, groceries etc. It also can pay for training or other assistance needed to return to work.

As with other major financial purchases, it is important to review all of the options available to you and to learn how disability income insurance works. Coverage may be purchased as an individual policy or available under a plan offered through your employer.  Contact B. Stern Insurance Advisors to speak to a specialist if disability insurance is right for you.