Take a moment and think about what it would be like to be disabled and not able to work. How does your business continue to operate or does it? How does your family pay the bills? Do you have enough in savings to get through a short term disability of only three months? Chances are you don’t have comfortable answers to this and that is why Disability Insurance is an important tool to consider.
With disability insurance you can protect yourself against loss of income. If you are unable to work due to a medical condition or accident, your insurance will provide coverage. The average person is likely to suffer from a long-term illness by the age of 65 that will leave him/her disabled and hence unable to go to work to earn a living.
This insurance in available in one of the three ways:
1. Social Security Disability
2. Employer Paid Disability
3. Individual Disability Insurance
We at Kollmorgen and Associates can help you decided which direction is best for yourself and your employees. We’ll sit down and listen to your needs and match you up to the best solution. Its our job to make sure you are fully prepared and we’ll walk with you every step of the way to insure that you are.