Protect Your Income With Disability Insurance
Did you know more than 1 in 4 people today will become disabled at some point before retirement? It only takes a few minutes to find out how we can help you protect your future.
An unexpected injury or illness can put your income and financial security at risk. Disability insurance provides a monthly cash benefit if you're unable to work due to a covered disability. At Alfa Pride Financial, we offer customized disability insurance solutions to protect your finances.
Who Needs Disability Insurance?
Disability insurance is important if your ability to earn an income depends on your health. Consider disability insurance if:
You're the primary income earner for your household. Lost wages from an injury or illness could devastate your family finances. Disability insurance helps replace your income during recovery.
You don't have adequate savings. Most experts recommend having 3-6 months of living expenses saved. If you don't have substantial emergency savings, disability insurance provides a safety net.
Your employer doesn't offer disability insurance. Some companies provide basic coverage, but it may not be enough to maintain your lifestyle. Individual policies can supplement employer benefits.
You work in a hazardous occupation. Certain jobs have higher disability risks. Disability insurance is crucial protection for construction workers, loggers, fishermen and other physically demanding roles.
Getting Disability Insurance Through Alfa Pride Financial
Our licensed professionals make it simple to get tailored disability insurance coverage that fits your needs and budget. Here's what you can expect when you contact Alfa Pride Financial:
Free needs analysis
We'll discuss your unique situation and help determine appropriate benefit amounts and policy terms.
Personalized quotes
We work with top insurance carriers to get you competitive rate quotes.
Plan customization.
Your policy can be customized with optional riders for cost-of-living adjustments, guaranteed renewal, and more.
Ongoing support
If you ever need to file a claim, we'll be there to help guide you through the process.
Don't take chances with your income
Contact us today for a free consultation and personalized quote. Let us help you protect your livelihood and your family's quality of life.
Frequently Asked Questions
What is short-term disability insurance?
Short-term disability insurance provides income replacement for a temporary disability lasting between 1-6 months. It typically covers 60-80% of your salary if you're unable to work due to injury, illness, or childbirth recovery.
What is long-term disability insurance?
Long-term disability insurance provides income replacement for an extended disability lasting 6 months or longer. It typically replaces 60% of income until retirement age or social security eligibility if you're unable to work.
Does Disability Insurance Cover all Disabilities?
Most policies cover disabilities resulting from injury, illness, or pregnancy complications. Some may exclude pre-existing conditions, mental health disorders, or self-inflicted injuries. Read the policy details carefully.
Can I work part-time and still collect benefits?
Some policies offer partial disability benefits if you can work part-time but experience an income loss due to disability. The amount payable depends on the income loss percentage.
How much disability insurance should I get?
A good rule of thumb is coverage equal to 60-70% of your current gross income, taking into account any employer benefits. The monthly benefit should cover living expenses.
How much does disability insurance cost?
Cost varies based on factors like age, gender, occupation, health, and policy benefit amount. Average costs range from 1-3% of your annual income for individual coverage. Group plans may be less expensive.
Contact Us
Please contact us using the form below for any questions or comments.