Disability insurance
Income protection that adds up
You help your clients prepare for the unexpected — but what about your own income?
Have you done the math on how long your savings would last if you were too sick or injured to work? Most working Americans haven’t — and the data is eye-opening.
1 in 4
of today’s 20-year-olds will be out of work for at least a year due to a disabling condition before retirement.
73%
of workers who were out for 9+ months said it had a major or devastating financial impact.
38%
of people who were out of work due to disability had to withdraw from savings, investments, or retirement accounts.
7–10%
of all claims are now mental health-related disability claims.
And it’s not just physical injuries — disabilities can also stem from mental health conditions, cognitive challenges, or chronic illnesses
Disability insurance helps protect your income, whether the cause is physical, mental, or cognitive.
Run the numbers for yourself. Can you afford not to protect your income and your lifestyle?
Enhanced Partial Disability Benefit Rider
Our Enhanced Partial Disability Benefit Rider can be particularly valuable for fee-for-service professionals and business owners. It provides benefits when you suffer a loss of income of 15% or more due to illness or injury.
Whether you work for a firm, or operate your own practice, we have smart solutions for accountants. If you own your own practice, our overhead expense insurance can help pay for business expenses like rent, utilities, insurance, or even employee compensation during a time of income disruption, due to disability. If you share ownership of your practice, we also offer disability buyout insurance, which is coverage that can help you and your partner smoothly transition your business in the event of an ongoing disability, ensuring that you are compensated for the business that you worked so hard to build.
Read more about the business owner solutions, here.
Learn how to protect your most valuable asset
Material discussed is meant for general informational purposes only and is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary. Therefore, the information should be relied upon only when coordinated with individual professional advice.
Individual disability income products underwritten and issued by Berkshire Life Insurance Company of America (BLICOA), Pittsfield, MA or provided by Guardian. BLICOA is a wholly owned stock subsidiary of and administrator for the Guardian Life Insurance Company of America (Guardian), New York, NY.
Product provisions and availability may vary by state. Optional riders are available for an additional premium. Some policy benefits and features are not available to all occupations. Individual disability insurance policy form 18OE is underwritten and issued by Berkshire Life Insurance Company of America, (BLICOA) Pittsfield, MA. BLICOA is a wholly owned stock subsidiary of The Guardian Life Insurance Company of America, New York, NY. Product provisions and availability may vary by state.