thoughts are not in a position for a year or more work is completely alien to most us. Yet statistics confirm that is 20 percent of U.S. workers see this exact situation.

How do you want to pay the mortgage and other bills for a year or longer?

How to maintain your current lifestyle?

A policy of long-term disability insurance generally pays benefits up to 2 years, 5 years until age 65 or life.i  This means that you may have up to 70 percent of your regular income, while Kana you? t work to pay your mortgage and other expenses of daily life.

Why pay for insurance if the Government Cover Me

USworkers disabilities disability benefits from the federal Social Security Administration, but consider:

The first tranche of the government are still at least 6 months after the disability occurred. Nearly 70 percent of applications for the first time on Social Security disability are denied. The majority of the claims that will happen eventually approved after the applicant has hired a lawyer to help people with disabilities.

can you really afford to go against the bureaucracy, if youâ? re not able to work and stack the bills? Â Do you really need to go a lawyer, in court, etc., continue to reduce your cash flow to take home?

With an individual policy of long-term care insurance you can avoid by the nose collar and begin receiving benefits after your waiting period.
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The main causes of long-term disability (2007, Unum) are as follows: a
? ? ¢ â cancer? 12.2%
? ¢ â complications during pregnancy? 12.1%
â? Back injuries ¢ â? 11%

The U.S. Census Bureau estimates that five American workers, disability and the average long-term disability (LTD) absence from work lasts 2.5 years, after the Council Awareness. an obstruction amount to pay bills without an income source.

Policy Options

long term disability insurance policies can be configured to meet your specific needs needs. options are expanded:

waiting time: This is the time of your disability before benefits include paid. typical periods 60, 90 and 180 days. The shorter the period, the higher the premium. Duration: This determines how long the benefits, the higher the income, the higher the premium paid.Â. GFCI report: This indicates the fall is like you, if it is partially disabled (for example, if the doctor, you can find part-time)  Without this option, all services are at the point is stopped by your doctor, you can any capacity to work. .
Renewability: This is when the insurance and how you can change your options include renewable Non-Cancellable/Guaranteed. The insurance company can not change your premium or use without your consent, regardless of whether your income is. Renewable oGuaranteed: The insurance company has the right to change your premium at any time with the consent of the State. Exclusions are circumstances in which limited or no benefits are paid all. pre-existing conditions often recognized excluded for the first two years of a policy.

Playing the Odds with your income?

Since 20% of all American workers from a handicap of one year or more suffering, and half of all bankruptcies are disabled, the cost of a policy of long-term disability insurance quickly faded in comparison with the costs not.


Long Term Disability Insurance