Just over 1 in 4 of today's 20 year-olds will become disabled before they retire.

Disability Insurance

Does your family have a plan in the event a breadwinner becomes disabled and unable to work?

Most Americans underestimate the probability of becoming disabled.  Most wage earners think they have less than a 2% chance of becoming disabled, while the actual chance is about 25%.  Because most think of a disability as an unlikely situation, few prepare for it.

Disability Insurance Stats

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Medical Bankruptcies


Most people insure assets like their home, cars, and other personal belongings.  But often our biggest asset, our income that provides for all our other assets, is often overlooked.

If you are unable to work due to a sickness or injury, disability insurance can help you meet expenses and maintain your standard of living.  The policy pays out a benefit to replace up to 2/3 of your income to pay bills like mortgages, student loans, car payments, and covers daily expenses like food, clothing and utilities.  A disability insurance policy provides financial security to you and your family while you work to heal and get back on your feet.

Disability Insurance for business

Disability Insurance is also available for businesses.  It is often referred to as “Business Overhead Expense”.  Disability insurance can be used to protect a business from the loss of a key-employee, like a business owner or top executive, in the event they were unable to work due to a disability.

If you own a business that relies on you to get to the office each morning, you should consider a business overhead expense disability insurance policy.  If you were unable to work for 6 months or more, would your business be able to cover it’s bills to vendors, it’s loan payments, or it’s payroll? Would the business have to spend money to hire someone to replace you or another key employee? All these expenses add up fast.  Finding a way to keep your business alive while you are also battling an illness or disability can be devastating.  Make appropriate plans now to avoid a headache down the road.

Phillips Stafford Insurance Group represents the top providers of disability insurance policies.  We analyze your unique situation and find the best company for your individual needs an circumstances.

Our Disability Insurance Partners

Disability Insurance