“Between workers comp, disability coverage at the office and Social Security, I’ll be OK.”
You may be surprised how inadequate this approach can be if you get sick or injured, whether at work, in a car accident or from a medical condition. And chances are good that you will. Seven out of 10 people aged 35 to 65 become disabled for three or more months.
At Lang Financial Group, we want to protect your lifestyle if the unexpected happens. This begins by knowing the facts.
Workers compensation offers minimal assistance. This is only useful if you’re hurt at work. The benefits are very low and won’t come close to covering your earnings and household expenses.
Disability coverage at work is rare. Fewer than 41% of companies with more than 100 employees offer these plans. This number drops to 19% for businesses with under 100 people. And, if you’re one of the lucky ones, your benefits are usually taxable.
Social Security disability is hard to get. You must prove that you not only can’t perform your usual job — but any job. If you can, and if you can make it through the long waiting period before your first payment, the money is minimal. A 30-year-old making $70,000 a year only gets $1,600 a month.
We help you make a sound decision. After decades of experience with disability insurance, we have answered nearly every question on the subject. How much coverage do I need? How long will I have to wait before the first payment? How long will the plan continue to pay me? We also know how to analyze the risks you face and what type of plans make the most sense for you. Then we help you weigh your choices, so you can feel confident in what you select.
We’re there when you need us: before, during and after. As your tireless insurance advocate, we stay in touch to make certain you are truly covered. Should you need to use your policy, we advise you on what information your insurance carrier requires and ways to expedite the claims process. Then we’re always available with a fast response to your questions.