What is the purpose of income disability insurance? Jaclynn Kelly, an income protection specialist at Business Insurance Center answers that question for you in this video.
Disability income insurance serves to continue one’s income in the event of a short-term or long-term disability. There are a lot of moving parts to disability contracts such as the waiting period, the payment period, the percentage of income protected, and a waiver of premium.
With disability income Insurance, you will have the ability to continue to pay your bills as well as keep you and your family from acquiring serious debt. If you are not able to work because of an injury or other illness, a policy for disability insurance will pay a portion of your income. That portion is usually somewhere between fifty and seventy percent.
These contracts are customizable to create a plan that protects the individual based on their age, health, and occupation. Don’t wait until it’s too late, contact us today so we can get started!
Business Insurance Center has three centers in Central Florida to choose from.
Business Insurance Center 6979 Kingspointe Pkwy Unit 9 Orlando, FL 32819 407-354-9868
Business Insurance Center 325 North Belcher Rd 1st Floor Clearwater, FL 33765 727-726-4989
Business Insurance Center 1700 South Florida Ave Lakeland, FL 33803 863-616-1755
