Disability Insurance

Disability insurance replaces a portion of your regular income when accident or illness keeps you from working. It's usually offered as short-term coverage -- which lasts up to six months -- and long-term coverage -- which covers situations lasting six months or more. Often it will be included in benefit packages employers offer, so check at work to see if it's available and at what level. Typical policies provide about 60 percent of your gross (pre-tax) salary, but you can usually purchase additional coverage for a small increase in cost.

Disability insurance provided through Social Security is the government's largest income-support program for the disabled, providing monthly cash benefits to workers who sustain severe, long-term disabilities. People with disabilities benefit from Social Security under several categories of assistance, including: disabled workers and their families; retirees with benefits based on their own work histories; adult disabled children who are dependents of disabled workers and retirees; adult disabled children who are survivors of deceased workers or retirees, and disabled widows and widowers.

Disability insurance is designed to protect your most valuable asset: your continued ability to earn an income. Since everybody earns a living in a different way, disability insurance quotes and policies must be tailored to your specific occupation. DisabilityQuotes.com is ready to provide you with answers.

On average, your disability insurance will provide around 50 percent of your normal total monthly income lost because of the disability. However, your contract will stipulate the percentage of lost income your insurance will cover and the length of time you can receive these benefits. Disability benefits can be taken until age 65, provided you stipulate this in your contract. Short-term disability insurance pays a portion of your salary if you become unable to work. Depending on the short-term disability insurance policy, you may receive anywhere from 50 to 66 percent of your salary from 13 to 26 weeks.

Request disability insurance quotes from The Insurance Smith and get an objective, side-by-side comparison of the major insurance companies based on your situation. Important features and benefits of the policies are highlighted and presented in an objective, user-friendly format, saving you valuable time and money. Our goal is to simplify the insurance-buying process to ensure you are getting the absolute best value and benefits.

Need help with disability insurance benefits? A large part of the practice at The Insurance Smith involves helping people obtain the disability benefits they are entitled to under the Employment Retirement Income Security Act (ERISA). This area of law can be extremely complex and difficult to navigate alone. We can help you understand what ERISA is and how it affects your claim for disability benefits. The Insurance Smith can represent you throughout the entire disability claims process, from the initial claim and application, to the appeals process if your claim is denied, and -- if necessary -- throughout the litigation process. Our goal is to get you the benefits you need and to help you get your life back to normal.