Disability Income Insurance

Protect Your Financial Future

An unexpected illness or injury that affects your income can have a serious impact on your financial well-being. Disability insurance protects you from catastrophic losses at a time when you need security the most. R⁴ advisors provide the knowledge and financial tools you need to weather life changes.

If you suffer a health crisis or debilitating injury, you need insurance to help you mitigate the risks of a financial calamity. These are the most common types of long term disabilities:

• Cancer
• Back pain
• Heart disease
• Depression
• Arthritis
• Diabetes
• Stroke

Disability income insurance covers health issues that prevent you from doing the work required by your employer. Most disability claims are prompted by illnesses and not from injuries sustained on the job.

A long term disability group plan an employer provides has coverage limits. The plan may not replace income earned from bonuses or commissions, and it may cap benefit payouts at low amounts. If your employer pays the premiums, the benefits are taxable.

An individual disability income insurance plan protects a greater portion of your income by supplementing your work benefits, and the plan is portable should you change jobs. If premiums are paid on time, the policy is non-cancelable and renewable.

R⁴ is the team you need to address your financial goals and protect your earnings legacy. Contact us to learn more about the tools and strategies we offer you as our valued client.