Disability Insurance - Protects & Provides Security

Also Servicing Utica, Rome, Cortland, Auburn, Fulton, Oswego, and Surrounding Areas

A Financial Safety Net

Most of us think nothing of insuring our cars, homes and other valuables. But many of us overlook our most valuable asset …the one that makes all the others possible …our income.

Of course, life insurance takes care of financial loss due to premature death. But what happens if you're sick or injured and can't work for several months or even years? One in seven people becomes disabled for at least five years before reaching age 65. And between ages 35 and 65, one in five people will become disabled, statistics show. Being out of work for an extended period can have devastating financial consequences on a family. Yet, more Americans have life insurance policies than have disability insurance (about 70 percent vs. 40 percent). We protect ourselves against dying, but not against losing our greatest asset — our earning potential.

To put it bluntly, when you die, you no longer have expenses. When you're disabled, you still have living expenses, now compounded by medical expenses. You've got rent or a mortgage to pay, food, car, utilities, and perhaps your children's college tuition.

That's where disability insurance comes in. Disability insurance can offer a financial safety net. When you're unable to work for an extended period of time because of an injury or illness, it pays monthly benefits until you are well enough to return to work. (It won't protect you, of course, if you are laid off or fired.)