"When I had my accident, I was out of work for months. Wage Armor had found me a policy that covered my expenses."
John Ng, Thorasic Surgeon
WHY DISABILITY INSURANCE?
How would you pay your bills if you suddenly became injured or sick?
90% of working Americans could not cover normal living expenses for three months. 70% couldn't even cover one month. When a disability occurs, not only does income decrease or disappear, but expenses rise. Savings are depleated and debt is incurred. Disability can be devastating to a family's lifestyle, which is why disability insurance is a critical part of a sound financial plan.
The risk is real. WageArmor has excellent solutions.
What exactly is disability insurance?
Disabilty insurance or "income protection" is insurance coverage that provides income if you ever become too sick or injured to work. It provides the security to know that you can continue to live life on your terms - even during difficult times.
Income protection can come from various sources:
Employment
of working Americans couldn't cover basic living expenses for 3 months if unable to work.
Social Security
chance of a 25 year old being disabled for 3 montths or more by age 65.
WageArmor
of bankruptcies filed in the US are due to medical expenses and time lost from work.
What could I use insurance benefits for?
TOP FIVE REASONS TO PREPARE FOR THE UNEXPECTED
MEET DAILY LIVING EXPENSES
The ability to keep your home, pay monthly bills, and keep food on the table
KEEP YOUR BUSINEESS OPEN
Nearly half of all business owners do not have a business succession plan
FUND A CHILD'S EDUCATION
The average annual cost of tuition with room and board for a 4-year college is over $30,000
PAY FOR MEDICAL EXPENSES
The average cost for a chronic illness is $5,362 per person per year
ACHIEVE RETIREMENT GOALS
Experts recommend saving at least 10% of your income to help achieve retirement security.
U.S. Department of Labor, Bureau of Labor Statistics - 2013 Consumer Expenditures, September 2014. 5 Principal Financial Well-Being Index, Third Quarter 2013. 6 Average of private and public schools for 2013, www.collegedata.com. 7 2012, Cost of a Funeral with a Vault, National Funeral Directors Association (NFDA), www.nfda.org. 8 Among adults ages 18 and older. Milken Institute, Cheeckup Time: Chronic Disease and Wellness in America, Jan. 2014.
HOW DO I APPLY?
Get a quote in 15 minutes.
The process is as easy as 1-2-3: 1. Answer a few quick questions 2. Select Coverage that fits your needs & budget 3. Apply & get covered! (and sleep easier knowing your family is protected)