Long-term Disability Insurance
Secure Your Future Beyond Unforeseen Challenges
Long-term Disability Insurance
Long-term Disability Insurance (LTD) is designed to provide you with financial security by replacing a portion of your income if you become unable to work due to a serious illness or injury. This type of coverage aims to protect against the risk of significant life disruptions, allowing you to focus on recovery without the added stress of financial loss.
- Over 20% of people will experience a disability for more than 90 days before age 65.
- Long-term disability insurance can provide up to 60-70% of your income.
- Most long-term disabilities are caused by illnesses rather than accidents.
Homeowners insurance is a policy that safeguards your home against damages and liabilities. It provides financial protection for your property, personal belongings, and even liability claims, ensuring you can recover from unexpected events.
Who Needs This
Long-term Disability Insurance is crucial for anyone whose income is essential for their lifestyle maintenance. It is particularly beneficial for professionals in physically demanding industries, high-income earners, and those without emergency savings to fall back on.
- Professional Occupation Workers
- Protection against sudden income loss.
- Coverage for duties specific to their career.
- Sole Breadwinners
- Financial stability during long-term illnesses.
- Assurance of continued support for dependents.
- Self-Employed Individuals
- Income protection amidst unpredictable health scenarios.
- Security beyond standard health insurance coverage.
Protect What Matters Most with Fort Collin's Insurance
At Fort Collins Insurance we're dedicated to providing you with the peace of mind that comes from knowing you're properly protected. We offer a comprehensive range of insurance options tailored to your specific needs and location.
Limits and Options
Long-term Disability Insurance offers various coverage levels based on your income and occupation. Standard policies cover up to 60-70% of your income, with options for additional supplements. Customizable options allow you to extend the benefit period or include future increase riders to adjust for inflation.
- Up to 70% income replacement coverage.
- Customizable benefit periods ranging from 2-10 years or until retirement.
- Options for cost-of-living adjustments.
Exclusions and Limitations
Long-term Disability Insurance offers various coverage levels based on your income and occupation. Standard policies cover up to 60-70% of your income, with options for additional supplements. Customizable options allow you to extend the benefit period or include future increase riders to adjust for inflation.
- Up to 70% income replacement coverage.
- Customizable benefit periods ranging from 2-10 years or until retirement.
- Options for cost-of-living adjustments.
Legal and Regulatory
Coverage is subject to underwriting approval. Terms and conditions vary by provider and policy. Policies contain exclusions and limitations that may affect eligibility for benefits. Read all plan documents carefully before enrolling.
- A family welcoming a member home with balloons and smiles, signifying relief and support.
- A worker at a desk using adaptive technology, highlighting resilience and adaptability.
- A financial advisor meeting with a client, representing guidance and strategic planning.