Disability Insurance to cover the bills when you can’t
PRS Insurance Solutions can help you with disability insurance in Addison, Dallas, Denton, Fort Worth, Houston and Richardson. Disability insurance is a form of income protection that can help you pay important expenses should you become disabled. Generally, disability insurance pays benefits to people who are not working because of non-job-related accidents or illnesses. In some cases, it could also supplement workmen’s compensation benefits.
If you are involved in a non-work-related accident or if you become seriously ill and unable to work, you will want to have disability insurance. Disability insurance is provided by commercial insurance companies and can be obtained through your work or through self-insurance. In some cases, state-run programs can also provide disability cover.
Disability insurance is sometimes referred to as pay check protection or mortgage protection. If you are injured and unable to work you don’t still want to worry about the bills. If develop a serious illness and as a result become unable to work you don’t want to worry about the next mortgage payment or the next car instalment or the grocery bills or the rent.
Disability income will pay a major portion of your salary should the unexpected happen. It will provide you with peace of mind knowing your income or at least a substantial part of it is still secure. Disability insurance is important if you depend on your income and you can’t afford to be without it for any extended period.
In Texas, employers are not legally obliged to provide disability cover. You may have to source your own disability cover. It is a good idea to talk to an agent such as PRS Insurance Solutions regarding disability cover as well as other health care products such as Medicare, Medigap and supplemental plans.