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Disability Insurance - Disability Income Insurance Plan Guide Evergreen CO

Disability insurance is a specialized form of health insurance. Disability insurance protects you in the case of loss of income. If you lose your ability to work, either from temporary or permanent disability, a disability claim can be made.

KAISER PERMANENTE- KEN CARYL
(303) 338-4545
7600 Shaffer Parkway
Littleton, CO
 
KAISER PERMANENTE - WADSWORTH, LITTLETON
(303) 972-4500
5257 S. Wadsworth Blvd
Littleton, CO
 
Colorado Health and Life
(303) 997-7189
9242 W Louisiana Avenue
Lakewood , CO
 
West Denver Dentist
(720) 763-9070
7575 West 20th Avenue
Lakewood, CO
 
LIFEHEALTH
(303) 730-1902
5554 S. Prince St. #131
Littleton, CO
 
Brown & Brown Insurance of Colorado
(720) 963-4244
7110 W. Jefferson Ave., Suite 100
Denver , CO
 
Associated Agents
(303) 238-7341
1970 Kipling Street
Lakewood , CO
 
Strategic Alliance Financial Group
(303) 870-9142
494 Sheridan Blvd., Suite B-206
Denver , CO
 
Wealth Strategies Group Guardian Life
(720) 334-7115
13545 W 67th Place
Arvada , CO
 
New York Life Insurance Company
(303) 548-2586
6850 W 52nd Avenue Suite 200
Arvada , CO
 

Disability Insurance - Disability Income Insurance Plan Guide

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Disability Insurance

Disability insurance is a specialized form of health insurance. Disability insurance protects you in the case of loss of income. If you lose your ability to work, either from temporary or permanent disability, a disability claim can be made.

While most people consider disability insurance a 'luxury' the fact of the matter is what would you do if you couldn't work for the rest of your life? How would you cope financially? Everyday we read of accidents or other mishaps which leave a person paralyzed or worse. Disability insurance is the insurance that would guarantee you an income in the case that you could not work.

Are you thinking that social security would cover you?
Think again. The benefit's are notoriously limited. And the majority of social security disability claims each year are turned down. Think disability insurance.

What about Workers Compensation?
Workers Compensation only kicks in if you are hurt on the job. Your chances of being hurt when you are playing weekend sports are higher than your chance of being hurt on the job. Think disability insurance.

You may get some money if you are hurt in a car accident, because of personal liability insurance . However, there are no guarantees and you could be waiting years for a lawsuit to be settled.

Let's think a less disastrous situation. Even if you aren't worried about a catastrophic accident or illness, what if you broke your leg in three places skiing and couldn't work because you were in traction? What if you tore a ligament, while playing on that weekend co-ed baseball team, and had to have surgery. You'd be out of commission for awhile. Disability insurance do not remove can also replace lost income on a temporary basis, while you heal from the hazards of being a "weekend warrior".

Even if you have medical coverage a long illness without earnings can be financially devastating. Statistics vary, but you have anywhere from a 1 in 5 to a 1 in 3 chance of having either an illness or accident which prevent you from working for 90 days or more; between the ages of 40 and 65. Your chance of dying in the same period is about 1 in 7. Some statistics claim that the average long term loss of your ability to work is 5 years. That's a long time.

This is why, if you are the sole breadwinner in your family, you should be considering disability insurance . If you get laid up or seriously injured your family's ability to cope financially would be jeopardized.

You ha...

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