Protecting yourself with Disability Insurance is a great decision. Not only will it insure your income, but it gives you money to be able to support your spouse, kids, and continue to pay your daily bills. That is a big deal because without money while you aren’t working it will be hard to maintain the family’s lifestyle. One of the biggest things you may be wondering is, “How much money will Disability Insurance pay me when I file a claim?”
When you invest in Disabilty Insurance they offer you a variety of options to pick from in order to create a customized policy that is right for you. Many things depend on the kind of policy you get and the terms you pick. Also, different insurance companies offer their own terms for your coverage.
It is important to know that Disability Insurance does not give you all of your paycheck amount. So, if you get paid $1,500 every two weeks, you will not receive $1,500 while you are out of work. Depending on the company you chose, you will receive somewhere between 50%-70% of your earnings.
What Can I Do With The Money?
When you aren’t working, money is key. The money you receive from your Disability Insurance policy can help with maintaining your family’s lifestyle. It can help to pay the things your family needs and wants. This can include:
- Your rent or mortgage payment
- School Fees
- Utility Bills
- Car Payment
- Lawn Services
- Gas For Your Car(s)
- Subscription Services
This money will help your family avoid any interruptions to their regular routine and finances.
Connect With Us For Disability Insurance
If you would like to begin the process, you can reach out to us through our quick Contact Form or call us at (800) 788-8921. We can further explain the details of Disability Insurance and help you figure out exactly how much money you would receive.
Our experienced advisors are ready to help you protect your paychecks and future earnings. We look forward to hearing from you!