Disability Income Insurance

YOU CAN’T WORK. FORTUNATELY, YOUR COVERAGE WILL.

The most common myth about disability income insurance is that coverage is only used for rare, catastrophic accidents. The fact is, most people rely on the insurance to cover the income they’ve lost due to disabilities caused by conditions such as heart disease and arthritis. Be informed – protect yourself and your business.

---

Individual Disability Insurance

• Replaces a percentage of base salary and regular bonus or incentive income.
• Can cover retirement contributions and student loan payments.
• When you pay for this individual coverage with after-tax dollars, any benefit payments you receive are tax free.
• Your policy belongs to you even if you change jobs.

Disability Calculator
Mass Mutual  features a calculator to determine the need for Long Term Disability.

Basic Disability offered by Employer

• Replaces baseline income if you’re too ill or injured to work.

• Provides a good foundation for income protection – typically safeguards from 40% to 60% of your base salary after taxes.
• Your employer provides this coverage. Basic coverage protects about half of your income.
  

.

Small Business Protection

• Provides several options to help your business continue meeting its daily expenses – including employees’ salaries.
• Offers funding to buy out a partner who can’t work due to illness or injury.
• Continues payment of business loans.

​Supplemental Individual Disability Income Insurance

• Extra coverage that your employer can offer on top of the base long-term disability insurance they may already offer you.

• Can help you protect more of your base salary as well as different types of income like bonuses and incentive compensation.  
• You own the policy, even if you change jobs.
• No medical exam is required, making it an easy option.