- WHAT YOU SHOULD KNOW
Disability insurance is a type of insurance that provides income to individuals who are unable to work due to a disability. It helps protect against financial losses by replacing a portion of the policyholder’s income when they are unable to earn a living.
It replaces part of your income if you get sick or injured and can’t work. Short-term and long-term coverage options. Most people underestimate the odds of becoming disabled.
WHAT CAN DISABILITY INSURANCE DO?
Purpose: Disability insurance aims to cover the financial impact of losing income when someone becomes disabled and cannot work.
How it works: Disability insurance policies typically provide a monthly payment which is a portion of the policyholder’s previous income, for a set period of time, often until the insured individual is able to return to work or time period chosen at the purchase of the policy.
Types of Coverages: Owner Occupation and Non-owner Occupation
Coverage: Disability insurance can cover various disabilities, including injuries, illnesses, and mental health conditions that prevent an individual from working.
Employer-sponsored coverage: Some employers offer disability insurance as a benefit to their employees.
Individual policies: Individuals can also purchase disability insurance policies to provide additional coverage or to fill gaps in employer- sponsored plans.
CONTACT US
Better yet, see us in person!
We love our customers, so feel free to visit during normal business hours.
John Minasyan: Life Insurance Agent
815 S Central Ave suite 29, Glendale, CA 91204, USA
Hours
Monday to Friday 9:00AM – 6:30PM
Saturday, Sundays, and after-hours, by pre-set appointment only!