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MAY is ‘Disability Awareness’ Month
May 6, 2021 at 1:15 PM
by Seth Groff

No Work Means No Paycheck – The Need for Disability Insurance

The country is opening back up as Americans receive another round of stimulus checks. The relief is necessary for many people who lost their jobs when businesses shut down over the past year. No work means no paycheck, and the stimulus checks have helped families pay their bills and continue their lifestyles. The past year brought to light that many people may face financial hardship if their income stops.

This risk of losing an income is not new. Workers may become disabled due to sickness or injury at any time. According to the Council for Disability Awareness, “More than one in four of today’s 20-year-olds can expect to be out of work for at least a year because of a disabling condition before they reach the normal retirement age.”

The good news is that disability insurance can help protect against losing some income. Right now, we all need to protect as much as possible.

Disability insurance pays a monthly benefit to the insured when they're disabled due to a sickness or accident and unable to work. The monthly benefit amount is based on a percentage of their monthly income. The elimination period is the length of time the insured must be disabled before benefits are paid: 14, 30, 60, or 90 days with Income Protection Direct. The benefit period is the length of time the insured will receive benefits: one or two years with Income Protection Direct.

Selecting a benefit amount can be as simple as adding up the monthly mortgage, utilities, groceries, and other necessary living costs. Disability insurance will not replace your entire income. However, the benefit amount should be high enough to cover basic living expenses.

The maximum monthly benefit for one of the top supplemental carriers I work with is $2,500.

Your ability to earn an income is a valuable asset. Your house, cars, retirement accounts, family trips, paying for college or weddings are all a result of being able to go to work and earn a paycheck. If you become disabled and cannot work, you may stand to lose all of those assets. Paying a monthly premium for disability insurance might be easier than paying the mortgage and light bill if an income stops.

You can learn more about the Surebridge Accident Disability Direct plan by going to or CLICK HERE! Then click on the blue box that says ‘START YOUR JOURNEY.’ You will be taken to a page to enter your information and answer the questions, and it will take you to the page to select the coverage that interests you. Click on the ‘Disability' icon, and then you will be taken to the product page and select ‘Accident Disability Direct.’ Select the option of your choice and receive a quote. If you approve of the quote and the price, click ‘APPLY.’ It will take you to the application that you will complete and submit, and then you are all set. That’s it!

If you find you have difficulty with it and need assistance, you are welcome to call me or send an email right from the website. I am happy to assist.

This plan will be a blessing if you are put in a position where you're losing income or without a job or employment.