Slavsky

Disability Insurance

So we drive, following all the rules, exercise regularly, eat healthy - we are in charge of our health and life. Unfortunately, there are things that are beyond of our control.

The risk of disability is very real. A person, who suffered an injury or illness, becomes very vulnerable without his or her income: there’s still a need for a roof over the head, living expenses, groceries, for example, possible additional assistance and care. Disability may last a long time and unless you’ve got enough money saved, it will be almost impossible to escape financial hardship it may bring.

There are a few things you should determine: - How much coverage you need. Get too little and you might have to sell your house to get ends meet. Get too much and you are throwing your money away;
- For how long you want the benefits to be paid to you - a lifetime, to the age of 65 or 2-5 years;
- choose the elimination period. Being disabled, how long are you willing to wait until the coverage begins - 30, 60, 90 or 180 days;
- what features do you want to be included in your policy: non-cancelable and guaranteed renewable; cost of living adjustment (COLA) rider; future purchase option; residual disability; own-occupation protection;
- Who to buy Long-Term Disability insurance from: your employer; association; your car and home insurance agent; agent, who deals only with disability insurance products; creditor;
- should you consider buying or stay away from: short-term disability, personally-paid-for group insurance, accident-only and non-medical disability insurance.

At SLAVSKY our agents will help you to better understand Long-Term Disability insurance. They will work with you to create your own unique coverage. If you already have disability policy, you can always get a second opinion, check your insurance for any possible gaps and find the best ways to fix them.

Call 1(888) SLAVSKY for more information on Long-Term Disability insurance.