Florida Disability Insurance

When we think of disability, we tend to think of someone in a wheelchair or someone with one of their limbs in a sling. But when it comes to disability insurance, those aren’t the only things that are covered. If you are thinking that you don’t need Florida disability insurance, you may need to think again. This type of insurance not only protects you against disability caused by physical bodily harm but also covers you for prolonged illnesses that may cause you to be in the hospital for weeks or months. During this time you will not be able to work and it will be your disability insurance that pays the bills. Don’t worry, it isn’t expensive.

Any small business owner who is considering buying disability insurance would be smart to compare each insurance provider’s policy and terms. When defining your disability insurance needs, you need to remember that you can’t buy 100 percent income coverage. With Florida disability insurance, most insurance companies will not cover your full income because they want to give you an incentive to go back to work. Therefore, hence 50 to 60 percent of your gross income is the typical coverage. The essential decision your business needs to make is how much disability insurance you need and can afford. You may need to evaluate your assets and liabilities to find out how long you can go without income. Evaluate your expenses and make the important adjustments required for a disabled lifestyle. For normal employees, it is sufficient to have financial resources for the short term but for businesses it is more likely you will need long-term disability insurance.

So if you are looking for more information on how to get disability insurance, Florida residents and business owners can visit TermLife-Insurance.com. You can also call us up and have us answer all your questions and complete your application. Whether you are a parent who wants to get a policy term for as long as your children are in school or are a businessman who wants to avail yourself of it until your business partner retires, TermLife-Insurance.com will give you available options for disability insurance in Florida. Give us a call!