Disability Insurance

Many Americans can't afford to miss one paycheck.  Many are not financially prepared if there is an emergency.  Business owners are also at risk for income loss due to disability.  We have many leading carriers and products to meet your disability income replacement needs.  We have industry partners that allow us to access many different disability carriers and products.  We can help design a plan that will work for your specific needs.  Our partners have more than a century's worth of combined experience selling and managing disability insurance.  We have help with underwriting, online enrollment, electronic signature, and policy services.  We have quick quoting, and Client Gateway that allows clients to view coverage options from different carriers, select a policy that's right for them and apply for coverage. 

• Employers - Contact us for Group Disability Programs, Buy-Sell Planning, or Business Overhead Expense Protection
  
• Individuals - Request a Disability Insurance Quote Here

There are two types of disability policies: Short-Term Disability (STD) and Long-Term Disability (LTD):

1. Short-Term Disability policies (STD) have a waiting period of 0 to 14 days with a maximum benefit period of no longer than two years.
2. Long-Term Disability policies (LTD) have a waiting period of several weeks to several months with a maximum benefit period ranging from a few years to the rest of your life.

Disability policies have two different protection features that are important to understand.

1. Non-cancelable means the policy cannot be canceled by the insurance company, except for nonpayment of premiums. This gives you the right to renew the policy every year without an increase in the premium or a reduction in benefits. 
2. Guaranteed renewable gives you the right to renew the policy with the same benefits and not have the policy canceled by the company. However, your insurer has the right to increase your premiums as long as it does so for all other policyholders in the same rating class as you.

In addition to the traditional disability policies, there are several options you should consider when purchasing a policy:

• Additional purchase options:  Your insurance company gives you the right to buy additional insurance at a later time for an additional cost.  
• Coordination of benefits: The amount of benefits you receive from your insurance company is dependent on other benefits you receive because of your disability. Your policy specifies a target amount you will receive from all the policies combined, so this policy will make up the difference not paid by other policies. 
• Cost of living adjustment (COLA):  The COLA increases your disability benefits over time based on the increased cost of living measured by the Consumer Price Index. You will pay a higher premium if you select the COLA.  
• Residual or partial disability rider:  This provision allows you to return to work part-time, collect part of your salary and receive a partial disability payment if you are still partially disabled.  
• Return of premium:  This provision requires the insurance company to refund part of your premium if no claims are made for a specific period of time declared in the policy. 
• Waiver of premium provision:  This clause means that you do not have to pay premiums on the policy after you’re disabled for 90 days.
  

We offer leading disability income insurance carriers for employers and individuals 

• Assurity Life Insurance Company
• Capital Benefits
• Companion Life
• Fidelity Security Life Insurance Company
• Illinois Mutual
• Kansas City Life Healthy Choices
• LifeMap
• Lincoln National
• Mutual of Omaha
• Petersen International Underwriters
• Principal Financial Group
• The Standard
• Unum