DISABILITY INSURANCE CONSIDERATIONS
The importance of Disability Insurance if often overlooked by insurance agents and advisors alike. IMS provides access to the best Disability Insurance rates and carriers and can assisting in planning for your clients personal and business Disability needs.
Protection while Living
Many insurance advisors tend to focus on Death Benefit protection, but the likelihood of illness preventing them from working is significantly higher.
Disability Insurance is critical to financial planning as it not only effects clients financial well being during working years but can have a significant impact on retirement planning.
We understand you may not be a Disability first agent – IMS can provide turn key solutions and marketing materials to cross-sell Disability Insurance to your existing Life clients.
Disability can be critical for small business owners, whether Key-Man, Buy/Sell, or Business Overhead Expense a Business Disability planning is essential.
Disability Case Study
Michael graduated as an electrical engineer and eventually started his own Engineering Firm. An IMS advisor completed both Personal & Business Disability Insurance planning:
- Obtained 60% income replacement for his personal income
- Secured a Business Overhead expense policy on his life
- Provided a small guaranteed Group Disability for his 10 Employees
- Michael’s family and business are now covered