Disability Insurance

Be prepared for whatever happens

Disability Insurance to protect you, your family, and your wealth.

Are you ready for the “What if?” 

Life happens. And when the unexpected hits, a disability insurance policy is the safety net you and your family need. But many people don’t know if their current policy provides enough income. Your disability insurance should sustain you and your family through anything. 

social worker caring about man with disability 2022

Get the right policy for your wealth goals

Not sure if your current policy is right? Talk with one of our experts and find out. We work with a range of insurance agencies to give you the right coverage.

Disability Insurance FAQ

Short-term disability insurance begins to pay out within a few weeks of eligible disability. Long-term disability insurance can pay out in as little as a month of eligible disability or take up to one year, depending on how the policy is structured. For this reason, many people opt to purchase both short- and long-term disability insurance.

Disability insurance is offered in two increments: short term and long term. Short-term disability insurance pays out between a few months to a few years. Long-term disability insurance pays out for a specified number of years and can be structured to pay out up to retirement age. A Wealth Strategist can help you decide how much coverage you need with a free consultation.

Many jobs offer disability insurance coverage or allow employees to purchase coverage at a discounted rate through employer-sponsored insurance plans. People who are self-employed or whose jobs don’t offer disability benefits can independently purchase a policy or a waiver of premium for disability rider from an insurance provider. Paradigm Life brokers policies through the nation’s top disability insurance providers, including Guardian, MassMutual, and OhioNational, to name a few. Click here to schedule a consultation.

Disability insurance for young couple

Related Articles

Understanding Compound Interest and How It Affects Your Savings Account

Understanding Compound Interest and How It Affects Your Savings Account

Compound interest is often hailed as the “8th wonder of the world,” a saying attributed to Albert Einstein. The concept…
The Best Budgeting Apps for 2024

The Best Budgeting Apps for 2024

The Best Budget Apps Include Linking Bank Accounts and Financial Accounts When it comes to managing your finances, budgeting apps…
Annuity Taxation: Implications and Strategies

Annuity Taxation: Implications and Strategies

Annuities grow tax-deferred, meaning taxes are deferred until you withdraw money or start receiving payments. Withdrawals from annuities purchased with…