Disability and the ensuing loss of income has huge financial implications that few are prepared for. Without the ability to obtain a steady income, workers may fall behind on payments. In fact, about 77 percent of consumers said they would not be able to pay their bills for more than a year if they suffered a loss…
DetailsMany people, even those convinced disability insurance is a great idea, just don’t know what to expect from disability insurance rates. That’s largely because it’s not easy to simply throw out a number—rates very person to person, depending on the circumstances.
DetailsMany families grapple with how to cover unpaid family leave without causing serious damages to the family’s finances. Fortunately, there are steps you can take in order to protect your income if you’re thinking about starting—or expanding—your family.
DetailsNow 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
DetailsWhen 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…
DetailsFor 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!
DetailsDeanna Strable of Principal Financial Group corrects some misconceptions about disability insurance, including this: Tragic accidents aren’t the leading cause of disabilities. Illnesses are
DetailsDisability 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…
DetailsWe’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…
DetailsBy 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…
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