Skip to main content
#
Bert Whisenant Insurance
contact us
Call Us Today! Brownsville 956-546-4222 | McAllen 956-686-8323
Disability
How can I insure against loss of income?
If you were disabled and unable to work as a result of an accident or illness, what would you and your family do for income?
 
Disability income insurance, which complements health insurance, can replace lost income. Forty-three percent of all people age 40 will have a long-term (lasting 90 days or more) disability event by age 65.
 
There are three basic ways to replace income:
  • Employer-paid disability insurance  
This is required in most states. Most employers provide some short-term sick leave. Many larger employers provide long-term disability coverage as well, typically with benefits of up to 60 percent of salary lasting from five years to age 65, and in some cases extended for life.
  • Social Security disability benefits  
This can be paid to workers whose disability is expected to last at least 12 months and is so severe that no gainful employment can be performed.
  • Individual disability income insurance policies  
Other limited replacement income is available for workers under some circumstances from workers compensation (if the injury or illness is job-related), auto insurance (if disability results from an auto accident) and the Department of Veterans Affairs.  
 
For most workers, even those with some employer-paid coverage, an individual disability income policy is the best way to ensure adequate income in the event of disability. When you buy a private disability income policy, you can expect to replace from 50% to 70% of income. Insurers won’t replace all your income because they want you to have an incentive to return to work. However, when you pay the premiums yourself, disability benefits are not taxed. (Benefits from employer-paid policies are subject to income tax.)

Ready to take the next step?
  
Disability Insurance
Quick Quote Request 

    Company

    Get A Quote

    Client Services

    Contact Us

    About Us Auto Insurance Quote Make A Payment Bert Whisenant Insurance
    14 East Levee Street
    Brownsville, TX 78520
    Phone: 956-546-4222
    Fax: 956-546-0157

    Contact Page
    Site Map Home Insurance Quote File A Claim
    Privacy Policy Business Insurance Quote Manage My Policy
    View All Quote Types Client Report Card

    © Bert Whisenant Insurance, 2012

    Terms & Conditions | Copyright

    Please note that insurance coverages can not be bound via this website. For assistance please contact the office directly.
    Unauthorized duplication or publication of any materials from this site is expressly prohibited.
    Some content provided With Permission Insurance Information Institute, Inc. ALL RIGHTS RESERVED
    Powered By: Insurance Web Designs Websites For Insurance Agents