Disability Insurance | Insurancenowforless

Disability Insurance – Protect Your Income When Life Happens

What Is Disability Insurance?

Disability insurance replaces a portion of your income if you become temporarily or permanently disabled and are unable to work. It’s financial protection that helps cover your daily expenses—like rent, mortgage, groceries, and utilities—when you’re unable to earn a paycheck.

– Injuries from Accidents (On or off the job) : Coverage for physical injuries resulting from unexpected accidents at work or elsewhere.
– Illnesses like cancer, heart disease, or mental health conditions …
– Complication from pregnancy or childbirth
– Chronic conditions or long-term disabilities

Types of Disability Insurance

Short-Term Disability Insurance

– Coverage period: a few weeks to 6 months

– Waiting period: typically 0 to 14 days

– Ideal for temporary illnesses, surgeries, or pregnancies

Long-Term Disability Insurance

– Coverage period: 2 years, 5 years, 10 years, or until retirement

– Waiting period: usually 90 days or more

– Best for serious illness or permanent injuries

Optional Riders

Customize your policy to fit your needs:

Rider	Description
Own Occupation Rider	– Pays benefits if you can’t work your specific job, even if you can work in another field.
Residual/Partial Disability Rider	– Provides partial benefits if you’re able to work part-time or at a reduced capacity.
Cost of Living Adjustment (COLA)	-Increases benefits over time to match inflation.
Future Increase Option (FIO)	– Lets you increase coverage later without a medical exam.
Catastrophic Disability Rider	– Extra benefits if you can’t perform basic daily activities (eating, dressing, etc.).
Return of Premium Rider	-Refunds a portion of your premiums if you never make a claim.