Service Insurance Agency - Disability Insurance

Disability Insurance

Service Insurance Agency understands how important protecting your loved ones and assets is to you. Whether you are covering just yourself or your whole family, you need an insurance agent that can personalize the policy to your specific needs.

Disability Insurance protects you from the financial issues that occur after an unexpected tragedy. This coverage replaces a portion of your income if you become disabled and are no longer able to work. Depending on the policy, this coverage can be 60%, 70% or even 80% of your current salary. The right protection will give you and your loved ones the means to support yourselves during this difficult time.

Here are a few disability facts you should know:
  • Over 350,000 bankruptcies are filed every year due to injuries or unexpected illnesses. Being unable to pay medical bills accounted for 62% of all personal bankruptcies in 2007.
  • Over 30% of all employees will become disabled before they retire and 20% of all employees will miss at least one year of work before they turn 65 due to a disability.
  • Over 14% will miss more than five years of work. The average is 2Ĺ years of missed work for a disability.
  • More SSDI and Workman's Comps claims are denied than approved, and only about 10% of all disabling accidents occur on the jobs.
  • Social Security benefits average just over $1000 a month for SSDI.
  • 44% of American families currently spend more than they earn and 71% of American employees live paycheck to paycheck without enough savings to handle a financial blow.

Talk to your SIA agent to find out how they can protect you from this disaster.

Insurance can be confusing, but it doesn't need to be that way. We take the time to educate our customers, to truly evaluate their needs. As an independent agent, we provide a custom blend of options and prices from multiple insurance companies. This requires us to take more time up front truly shopping around for your best fit.

What makes SIA different is the people. With very little turnover, our trained and licensed CSRs possess an average of 12 to 15 years of experience which they use to help you navigate through the insurance process. Your SIA agent can help you determine which options are right for you.

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