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Disability Income

Helping you live your best life begins with protecting the largest asset you rely on every day, your ability to earn an income. Think about it- someone who averages $80,000 income per year, from age 30 to age 66, will have earned over $2.8 million during their working life.

Individual Disability Income is like a “back-up plan” you can count on. It helps protect your income – or business – if you become too sick or hurt to work. And coverage can be tailored to meet your specific budget and needs. It protects your ability to work and earn an income. If you were to become sick or hurt and unable to work, this type of policy provides a monthly benefit to help pay everyday living expenses. It’s commonly called income protection.

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Disability Income Insurance

Protect Your income- the asset you rely on most.

Contact Karin for more information.

Disability income insurance, also known as disability insurance or paycheck protection insurance, is a type of insurance policy that provides financial protection to individuals in the event that they become sick or hurt and are unable to work. It offers a source of income replacement during the period of disability, helping individuals meet their financial obligations and maintain their standard of living.

Here’s why disability income insurance is an important coverage to have:

  • Income Replacement. Disability insurance provides a portion of your income when you are unable to work due to a disability. It ensures that you have a steady stream of income to cover your living expenses, such as mortgage or rent, utilities, food, and other bills. Without this coverage, a disability could quickly deplete your savings and leave you financially vulnerable.
  • Protects Your Lifestyle. Disability income insurance helps you maintain your current lifestyle. It ensures that you can continue to provide for yourself and your family, even if you’re unable to earn an income. It allows you to pay for everyday expenses, as well as any medical costs or rehabilitation services you may need during your recovery.
  • Covers Medical Expenses. While health insurance may cover some medical expenses, disability income insurance can provide additional coverage for treatments, therapies, and other costs associated with your disability. This can include specialized equipment, modifications to your home or vehicle, or ongoing medical care that may not be fully covered by health insurance.
  • Flexible Coverage Options. Disability income insurance policies offer different coverage options, allowing you to customize your policy based on your specific needs. You can choose the benefit amount you receive each month, the waiting period before benefits start, and the length of time you’ll receive benefits (short-term or long-term disability coverage). This flexibility ensures that you can tailor the policy to align with your financial situation and potential risks.
  • Job Security. Disability insurance can provide a sense of job security by protecting your income if you’re unable to work. With the coverage in place, you won’t have to worry as much about losing your job or finding alternative sources of income. It allows you to focus on your recovery and return to work when you’re ready, without the added stress of financial instability.
  • Supplement to Social Security Disability Benefits. Social Security Disability Insurance (SSDI) provides benefits to individuals with disabilities, but the approval process can be lengthy, and the benefits may not be sufficient to meet your financial needs. Disability income insurance can supplement the benefits you receive from SSDI, ensuring you have a more substantial income replacement during your disability.


Overall, disability income insurance serves as a financial safety net, providing peace of mind and protecting your financial well-being in the event of a disability. It offers income replacement, helps cover medical expenses, and ensures you can maintain your lifestyle and meet your financial obligations even when you can’t work.


Here’s an example of what a disability income policy provides:

Jason is 40 years old. He earns $80,000 per year and his employer does not offer a disability income benefit. His work requires a moderate amount of physical work.

  • He could apply for:
    • Basic Protection: $1050 monthly benefit at $35 per month
    • Moderate Protection: $2,100 monthly benefit at $75 per month
    • Comprehensive Protection: $4,200 monthly benefit at $150 per month