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Disability Insurance Quote Online

Disability Insurance Quote Online

Instant Disability can offer disability insurance to employees as a benefit to their total compensation plan. The company offers a portion of income when an employee is injured or ill and cannot work. Thus, Disability insurance quote online is frequently referred to as disability income insurance. Immediate Disability has competing plans that employers can offer to employees.

What Does Disability Insurance quote Cover?

Disability insurance is intended to cover some of a worker’s income while they cannot work. The payments provide wage replacement and are paid out to the worker for a set number of years or the duration of the disability. It can cover a partial disability and/or a total disability.

However, it does not cover medical care, prescriptions, or other services they may need. While on disability, they will need to maintain their health insurance coverage.

How Much Does Disability Insurance Cost?

The average cost of disability insurance is 1 to 3% of an employee’s annual gross income. Instant Disability works with the top carriers in the country to offer affordable and reliable disability insurance to businesses.

Types of Disability Insurance

There are two types of disability insurance available: short-term disability (STD) and long-term disability (LTD)

What is Short-Term Disability?

Short-term disability provides income securities if an employee cannot work for a short amount of time – usually about three to six months. A typical short-term disability policy provides 60-70% of a base salary. There is typically a waiting period before an employee can start receiving benefits after becoming disabled.

Below are some points why people receive short-term disability:

  • Pregnancy
  • Minor injuries
  • Back disorders
  • Fractures or broken bones

Short-term disability does not cover pre-existing conditions, does not allow for time off caring for a sick family member or adopting a child and does not protect an employee’s job.

What is Long-Term Disability?

After short-term disability runs out, long-term disability kicks in and offers a portion of pre-disability income. Long-term disability typically pays 50-70% of salary for up to a few years or until the employee can go back to work. Some policies pay until age 65 if the employee is still disabled.

Below are some point mentioned that would qualify for long-term disability:

  • Cancer
  • Arthritis
  • Lupus
  • Injuries from an accident
  • Bipolar disorder
  • Chronic Fatigue Syndrome
  • Brain injury
  • Heart disease
  • Stroke

And much more

Get Disability Insurance For Employees Today!

Businesses can purchase group disability insurance for their employees with Instant Disability. Don’t wait until it is too late to get the coverage your employees may need.

Instant Disability insurance does the comparison-shopping for you to make sure you get budget oriented and reliable coverage for your employees.

Help Protect Your Income

If you are sick or injured and unable to work, Disability insurance quote online provides benefits to help replace a portion of your income. It is financial security that helps you focus more on your recovery and less on how to cover expenses. 

Apart from your income, here are some of the most important things in your life that disability income insurance helps protect:

  • Your home
  • Your retirement
  • Your family
  • Your personal savings
  • Your lifestyle

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