Disability Insurance Planning
TRADITIONAL, SUPPLEMENTAL AND JUMBO DISABILITY INCOME INSURANCE
Let us review your existing group disability insurance at work to determine if its sufficient coverage to protect your family. We can advise whether an individual, supplemental disability policy is necessary to work in conjunction with your group benefits to make sure you are adequately covered.
Q. What about coverage as high as $100,000/month, $250,000/month or a $50,000,000 lump sum single payment for a disability?
We have the resources with the ability to provide this level of coverage.
For certain individuals, and for corporations needing key person disability protection, regular group long term disability insurance offered in the workplace coupled with individual disability income insurance, at the maximum issue limits, may not be adequate to provide a flow of income in the event of a long term disability. Most individual disability insurers will allow a person to be insured up to a maximum of $25,000 per month in disability benefits. For those individuals whose lifestyle and experience requires substantially more income on a monthly basis to maintain their standard of living, we have access to specialty carriers that are willing to issue monthly benefits in excess of $250,000 a month or $50,000,000 or more as a lump sum payment. If your income needs are above what traditional disability insurers will issue, let us show you some of the products we have used with high income earning clients, and how we may be able to implement a plan that will cover a larger portion of your income in the event of a disability.