| The idea of being sick, out of work, and immobile | | | | want to select a company that will be there when/if |
| real stinks, but hey, stuff happens. And that's | | | | you need them. And be sure that each company |
| precisely why you may want to consider purchasing | | | | gives you a fresh earful on just what they define as |
| disability insurance. What if an ordinary spin down the | | | | "disabled." |
| strip on a sunny day leaves you twisted up like a | | | | Upon researching and finally settling on a disability |
| pretzel and being cut from the wreckage of a | | | | insurance carrier, ask for a quote of the various |
| mangled VW Beetle? How will you support yourself | | | | options available. Disability insurance generally falls into |
| and family? Do you have enough money saved to | | | | one of two categories: short term disability and long |
| cover three or four months worth of rent, utilities, | | | | tern disability. Short term disability is generally defined |
| and credit card bills? What if you are unable to work | | | | as an illness or injury that keeps you from work for |
| for a whole nine months, or even a year? Would you | | | | up to six months. Long term disability is coverage for |
| still be able to foot the bill of your monthly cost of | | | | injury or illness related income loss that commences |
| living then? | | | | at one year of disability. |
| Disability insurance is designed to replace a portion of | | | | Here are a few questions to ask your disability |
| your income should you become unable to work do | | | | insurance carrier: |
| to sickness or injury. Its benefits have historically | | | | Is the insurance short term or long term? |
| covered approximately 45% to 65% of your gross | | | | When does the disability insurance coverage begin? |
| income. Although this varies depending upon the | | | | What is the amount of the benefits? |
| insurance carrier and the benefits that you are | | | | How long does the insurance coverage last? |
| entitled to, as stipulated by your policy. These | | | | How are claims paid? |
| companies and the policies that they draw up in | | | | And Can the disability insurance coverage been |
| representation of the clients can be as different as | | | | renewed once it has been used once already? |
| night and day. | | | | Disability insurance protection will remove the inability |
| There are several options and terms to evaluate in | | | | of being ill and put the ability back into paying the bills. |
| an effort to settle on the most important factor of | | | | Look at it as insurance to protect your way of life; |
| determining the carrier to purchase the disability | | | | the way of life you are accustom to. |
| insurance coverage from. Take this seriously-you'll | | | | |