Assurity Disability Income Insurance
Disability income insurance from Assurity Life protects your most valuable asset-your ability to earn a living. If you were disabled by an accident or serious illness and unable to work, it would probably mean a dramatic change in your lifestyle, perhaps even requiring someone to help care for you. Assurity's disability income coverage provides a monthly income to help pay your living expenses while you are disabled.
Could you still pay your bills without your job? What would you and your family do if your paychecks suddenly stopped because you were too sick or injured to work?
How quickly would your savings account last as your bills continued to mount? What would you do if you had to one day choose between paying your mortgage or your car payment, because you don't have the income to pay both?
If you're like most people, your paycheck is a lifeline to your family's financial stability. If you cannot work to earn a living, your family is headed for some very difficult times.
AssurityBalance Disability Income insurance can help ease some of the financial difficulty associated with an illness or injury that keeps you from working.
AssurityBalance Disability Income offers plans designed to provide you funds to offset personal debts, business costs and even your mortgage payments. There's also a graded benefit plan for those who could not qualify for other disability income coverage because of a past medical event or on-going health condition.
Think you're already covered?
You can't rely on other source of income to emerge and protect you.
Personal savings are a limited option for most. Saving plans are usually "rainy day" funds, meant to tide your family over in an emergency, but not designed for long-term funding.
Social Security payments are limited to disabilities that are expected to last at least 12 months or end in death. And to qualify, you must be unable to engage in any type of work, not just your occupation.
Disability insurance from your place of work is indeed helpful. But workplace disability benefits often times cover only a portion of your regular income.
AssurityBalance® Simplified Disability Income Insurance
Simplified Disability Income is an individual guaranteed-renewable disability income insurance policy with simplified application and issue processes. It's ideal for individuals in the lower to upper-middle income markets. For more info click here.
AssurityBalance® Personal Disability Income Insurance
Personal disability income is an individual guaranteed renewable disability policy with a traditional definition of disability. Ideal for individuals in the lower to upper-middle income markets. This policy is also perfect for small business owners (under 100 employees), managers, and/or employees. For more info click here.
AssurityBalance® Business Overhead Expense Disability Income
Business overhead expense is designed to cover business operating expenses if a business' key person becomes disabled by an accident or illness. The coverage includes employee salaries, utilities, rent, and other expenses that are generally accepted as tax deductible. For more info click here.
AssurityBalance® Graded Benefit Disability Income Insurance
Graded benefit disability income is an individual guaranteed renewable disability policy with a traditional definition of disability and graded benefit. Ideal for those who have been previously turned down for disability income protection, the graded benefit disability income offers 35 percent of the total benefit for the duration of a disability beginning in the first policy year; 70 percent beginning in the second policy year and 100 percent of the benefit for the duration of a disability beginning in the third (and successive) policy years. For more info click here.
This is a brief description of benefits; please consult the policy or your agent for exclusions, limitations and additional information.