Disability insurance
Protecting yourself, protecting your business
Your clients, your employees, and your family all depend on you. But what happens if you’re suddenly unable to work?
Whether you’re a solo consultant, a private practice owner, or managing a small team, your income and your business are deeply connected. Disability insurance helps protect both. If you’re like one of the millions of Americans who becomes unable to work each year due to illness or injury, the last thing you want to worry about is how to keep the lights on — at home or at work.
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.
Individual disability insurance
Individual disability insurance helps replace your income if you’re unable to work due to illness or injury.
Business protection solutions
Business protection solutions can help cover fixed expenses, fund a buy-sell agreement, or keep your business running while you recover.
Overhead expense insurance
Overhead expense insurance helps keep your business running if you’re unable to work due to a disability. Your income could slow down while you’re out, but expenses like rent, utilities, taxes, and salaries keep going. That’s why overhead expense insurance is so valuable. It can cover up to 100% of eligible business costs, helping you stay financially steady while you focus on recovery.
Optional business loan protection rider
An optional business loan protection rider can help you keep up with payments on things like startup loans, equipment leases, and expansion plans — so your goals don’t have to pause just because you do.
Disability buyout insurance
Disability buyout insurance 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.
It’s a smart business move that helps protect your livelihood and keeps the operation running
Crunch the numbers.
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.