Disability Income
Disability Income insurance is designed for a person to receive a percentage of their salary or wages, should they become disabled and unable to work.
Premiums are based upon age and health of the applicant as well as the occupation to be covered. Most carriers will allow coverage up to 70% of a person’s income. The coverage can range from a short duration or until reaching age 65.
The plans are most popular with business owners and the self-employed.
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