Group LTD Coverage

Download PDF here Taxation of benefits… Benefits are TAXABLE when premium is employer paid, creating a situation whereby only a maximum of 40% of income is retained (with 60% of income covered) AFTER taxes (see #2-3-8 below for other possible reductions). Benefit amount… usually 60% of income with be covered as mentioned above and that…

What are the most common causes of disability?

Download PDF here Injuries at work? Freak accidents? It’s true, they happen. But, the truth might surprise you. • Illnesses like cancer, heart attack or diabetes cause the majority of long-term disabilities. Back pain, injuries, and arthritis are also significant causes. • Most are not work-related, and therefore not covered by workers’ compensation. • Lifestyle…

Why Insure Income

By Larry Schneider Download PDF here dis·abil·i·ty noun \ˌdis-ə-ˈbi-lə-tē\ : a condition (such as an illness or an injury) that damages or limits a person’s physical or mental abilities : the condition of being unable to do things in the normal way : the condition of being disabled : a program that provides financial support to…

How To Select The Ideal Disability Policy

By Larry Schneider download pdf here   Protecting your income, financial planners say, is the cornerstone of all financial planning.  A 40-year-old has a 45% probability of becoming disabled for a substantial time during his or her lifetime (Society of Actuaries, 1995).Your income and ability to work are your most valuable assets.  Protecting your earnings…