Protect Your Income
Disability Income Insurance provides protection of your monthly income in the event you experience a short or long term disability in which you can no longer work and earn your normal rate of pay. Many employers provide this benefit through their group benefits plans and you may be able to supplement to make sure you are not left in a position where you are unable to maintain your current lifestyle while on disability. Self-employed people and those without coverage may need to develop a full disability protection plan. In either situation, Great Bay Insurance can help develop the right plan and find affordable options to protect you and your family.
At minimum, your disability income insurance should cover your necessary living expenses. However, it is recommended you work with a financial professional who can help you determine an appropriate amount of coverage.