Disability Insurance Topics for 2025
The disability insurance landscape has experienced drastic changes in the last few years. The changes have led to new opportunities, as well as challenges for insurers. As the industry evolves, some issues will dominate the conversation in 2025. Let’s explore these topics and discuss how they affect the disability insurance space. Aging Workforce The BLS […]
Disability Insurance: Business Applications
What is it? You will typically face a higher risk of becoming disabled than dying. If you are a business owner, formulating a strategy to protect yourself against this risk is important, because if you suffer a disability and can no longer work, both you and your business may suffer financially. How will you earn […]
Disability Insurance Coverage on a Key Employee
What is it? Key person disability insurance can protect your business in the event that a key employee becomes disabled, and as a result, the business suffers a financial loss. A key person disability policy will pay short-term benefits to the business until the key employee recovers from his or her disability, or until he […]
Private Disability Income Insurance
What is private disability income insurance? Private disability income insurance is insurance purchased through an insurance company that pays you a predetermined benefit when you are too sick or too injured to work. Private disability income insurance policies come in many forms: individual policies; group insurance policies sponsored by employers, trade associations and organizations; business […]
Disability Insurance Topics for 2025
The disability insurance landscape has experienced drastic changes in the last few years. The changes have led to new opportunities, as well as challenges for insurers. As the industry evolves, some issues will dominate the conversation in 2023. Let’s explore these topics and discuss how they affect the disability insurance space. Aging Workforce The BLS […]
The Risk of Disability
There are at least a couple of things we can say with confidence about disability insurance: 1) many people don’t have it (even if they don’t believe it will happen to them), and 2) those who don’t have it probably don’t realize how common it is to incur a disability during one’s working years. According […]
Choosing the Right Disability Insurance Plan: A Comprehensive Guide
Have you ever wondered how you would manage if you suddenly fell ill or were in a debilitating accident? What would you do if you’re unable to earn a living or financially take care of yourself and your loved ones? According to data published as of 2021, 13% of adults have at least one disability. […]
Back to Basics: Disability Insurance
Nobody likes to imagine the worst, but what would happen if you become disabled and can no longer work? For most people, this could mean they no longer have a source of income. Moreover, their ability to provide for themselves or their families and pay the bills is drastically reduced. Disability insurance can be the solution […]
Disability Insurance in Your Financial Plan
Save your money. Stick to a budget. Invest in a 401K. Plan for your children’s education. Prepare for retirement. As we all work in our various career fields, these are the phrases we hear consistently. Building a financial plan is essential in preparing for your future and the future of your loved ones, but where […]
Mental Health and Disability Insurance
As of 2021, over 55 million Americans were living with a mental health condition, according to the National Institute of Mental Health (NIMH). While mental health and disability are closely linked, disability insurance doesn’t typically cover mental health conditions. The original intention of disability insurance was to financially protect individuals who became permanently disabled through an […]