Now there are alternative solutions to the traditional disability insurance coverage mindset. Newer plans incorporate wellness and rehabilitation into the disability process, and encourage employees to take a more active role in their well-being, recovery and return to work
Read MoreWhen people become disabled, dealing with finances can be incredibly stressful. And, as the newly disabled begin to look at their budget in this changed landscape, one of the first questions is often, “What does Social Security disability pay?” The answer: It depends. Getting Social Security Disability Pay First you need to know whether you’ll even qualify for Social Security disability…
Read MoreFor the last week of Disability Insurance Awareness Month, we’ll be taking to social media to give away disability awareness mugs. All you have to do to enter is answer some simple trivia questions—and we’ll even give you the keys to finding the questions right in the trivia questions!
Read MoreDeanna Strable of Principal Financial Group corrects some misconceptions about disability insurance, including this: Tragic accidents aren’t the leading cause of disabilities. Illnesses are
Read MoreDisability isn’t always a black and white, cut and dry scenario. Sometimes, a disability simply prevents a worker from full-time employment, which makes the rules of working while on disability oftentimes very grey. Think about it this way: Let’s say you’ve been diagnosed with a treatable form of cancer. You need to undergo chemotherapy. For many people, chemotherapy…
Read MoreWe’ve heard all the reasons you don’t need disability insurance. After all, we’re talking about an additional monthly expenditure in the form of a premium. People can come up with plenty of excuses for not spending money, especially when it comes to spending money on something that many see as a “worst-case-scenario.” We’ve outlined a…
Read MoreBy Chris Walters, PolicyGenius When you’re insurance shopping, a lot of new terms get thrown around. Historically you were expected to rely on your broker to translate this industry gibberish, but then we invented this thing called the internet. Which is how you ended up here, on this page, about to learn whether long-term disability…
Read MoreDisability pop quiz! Quickly: Name your most important financial asset. … Did you think of your home? Maybe a savings account? Now answer this: Can you imagine buying a home and not insuring it? Or putting your hard-earned cash into a savings account that wasn’t protected? What about your income: What would you do without…
Read MoreWomen and Disabilities: When Breadwinners Can’t Work According to the U.S. Department of Labor, 57 percent of women participate in the workforce. And many of these women are increasingly important not just to running their own households, but to keeping families financially stable, as well. The Pew Research Center reported that in 2013, “40 percent of all…
Read MoreIt strikes like a bolt from the blue: Unwanted, unexpected, unwelcome. Unfortunately, many of us are totally unprepared for the financial hit that disability can bring. A Real Life Story According to the Life Stories on the Council for Disability Awareness website: Monica had it all by the age of 37: A successful career in…
Read MoreWhen we talk about how to protect your income, we typically discuss it from the perspective of short- or long-term disability insurance. But, just like anything in life, there are ways to prevent something bad happening to you by protecting your body. Of course, there are accidents that can’t be prevented and some surgeries can’t…
Read MoreOne of the most frequent misconceptions people have about disability insurance is that they’ll never need it. After all, a disability is catastrophic and it happens so rarely, it’s not a priority for most. But the truth of the matter is that income protection is far more important than most think. Consider this: There are many…
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