Imagine that you are hurt and must take time out of work. Does your employer provide disability insurance? Your employer may provide some disability coverage but does it cover the length of time you may be out of work?
These are things you should be considering if you need to purchase disability insurance. You may find that your need for disability insurance may be greater than you realize, and it’s not a responsibility you should simply toss aside for your employer to deal with. Although worker’s compensation is required by law to be provided to you by your employer, disability insurance is not required in every state. Only in Hawaii, New Jersey, Rhode Island, and New York does state law obligate employers to provide disability insurance for up to 26 weeks. Currently, there are no state laws that require employers to provide you with long term disability insurance.
If your employer does not provide enough or any disability insurance, you need to look no further than Excell Benefit Group for affordable coverage. We have many options for comprehensive disability lines to best suit your needs. Disability insurance policies basically provide replacement income for you during the time you are unable to work. Do not make the mistake of underestimating the importance of this type of insurance; consider this: how would you and your family survive without your income? What items and activities would you need to give up without your income?
At Excell Benefit Group, we can:
- Help secure monthly payments to safeguard your standard of living
- Protect your financial future while providing excellent coverages
- Adjust disability coverages to meet your changing needs
Which coverages are right for you? What contingencies should you protect yourself against? How much is all this going to cost?
Disability insurance typically replaces 60-70% of your income during the time in which you are unable to work and/or perform the duties defined by your employment. Can you afford NOT to purchase this coverage?
At Excell Benefit Group, we are committed to helping you find the disability insurance that is right for you – and your family. Give our experienced agents a call today for more information!