If you’re someone who has to work for a living, you would know that your body is actually your main resource. So long as you have full function, you may feel like your income is always assured. But what happens if you become gravely injured or ill? The last thing you would want is to feel like your home, family, or way of life is at risk. Fortunately, a scenario like this can be avoided with disability insurance.
Tremendo Insurance is an expert in insurance services in Miami, Florida. We offer guidance and aid in getting the best possible insurance plan options to those who want to secure their future from unforeseen obstacles. If you’re a worker reading this, please consider the following:
- What does disability insurance do?
If you’re put out of commission due to an illness or injury, this insurance will cover the income you may lose. Think of it as a safety net that ensures you still have funds to sustain yourself and your loved ones. It can pay for permanent, temporary, partial, or total disability, but not medical services for long-term care.
- How much does it cover?
On average, it will cover up to 50-70% of your annual income. It will cost you roughly 1-3% of what you earn, though you can always make even better arrangements if you work with our insurance agency in Florida.
- Do you really need it?
If you want to protect your lifestyle, then yes. You might believe you would never be in a position to need it. However, more than one in four 20-year-olds will experience a disability before retirement. It’s always better to be prepared.