Florida Disability Insurance

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Florida disability insurance call for pricing and application
Call us at 800-986-4786 or click here

If the stream of paychecks that makes your life possible stops how long would your savings last?

For the cost of dinner for two you can have a disability plan that can save your home and your bank account.

You can get guaranteed issue disability insurance with:
- no medical questions.
- no need to show tax returns
- no physicals

The only requirement is that you can prove you work full time. Self-employed if OK.

We sell health insurance and there is no denying the need for a decent health insurance plan. But, I would rather see you take a somewhat higher deductible health insurance plan and use the savings for some disability insurance. It is a much smarter use of your insurance budget. You will have much more overall protection.

Very few employers provide Florida disability insurance that lasts longer than a few weeks. After that you are on your own. If you have your own business then you probably have no protection at all. When making a decision regarding Florida disability insurance, consider the following:

If you saved 5% of your annual income for a "rainy day", an extended disability could eat up close to 10 years of savings in just 6 months.

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Between the ages of 35 and 65 seven out of ten people will become disabled for 3 months or longer
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Average American household only has two months worth of savings in reserve.
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Workers compensation coverage only covers injuries that occur on the job

COMMON MISCONCEPTIONS ABOUT FLORIDA DISABILITY INSURANCE

"I am in good health, I know I can earn a living."
This is a common misconception. People can become disabled in many ways; workplace injury, car accident or the onset of a debilitating medical condition. Statistically between the ages of 35 and 65 seven out of ten people will become disabled for three months or longer.

"Won't Social Security help me?"
Social Security benefits are extremely difficult to qualify for and take a great deal of time to finally start. You must prove that not only are you incapable of performing your usual occupation but any occupation. In addition, the benefits most likely will not meet your financial obligations. The maximum payment for a 30-year-old earning $70,000.00 per year is $1,600.00 per month.

- 1993 - Social Security denied 55 % of 1.4 million applications it received.
- 1998 - only 35% of Social Security disability claims were approved.
- Over 5 months must pass before Social Security will pay on an approved claim
- Social Security requires that you cannot perform "any" gainful work.
- Social Security demands that the disability must last at least 12 months.

"What about employer provided group disability or worker compensation coverage?"
Workers compensation only covers individuals that have been injured on the job and those benefits are typically quite low and do not come close to covering your earnings. Florida Group disability plans through an employer are not prevalent, less than 41 % of companies with over 100 employee's and less than 19% of companies with under 100 employees provide this coverage. Also these benefits will not be adequate to replace income.

At Least Protect Your Home!
According to the United States Saving and Loan Association
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ess than 3 percent of all mortage defaults occur because the bread winner dies with inadequate life insurance.
- Nearly half (48 percent), however, occur because the bread winner becomes disabled and has inadequate disability income insurance.

"Isn't Florida disability insurance expensive?"
No, actually it is very affordable.

You can purchase disability insurance for as little as $25 a month. This is guaranteed issue with no medical questions. If you are self-employed, it can be a nightmare trying to get florida disability insurance. This plan asks for no tax records. It is very simple to obtain.

The plan is available in ALL 50 States and is underwriten by an A.M. Best "A" rated carrier.

Give us a call at 800-986-4786 or you can see more information on the plan at our guaranteed issue disability insurance web page