Disability Insurance

Roughly three in 10 Americans will suffer a disability lasting three months or longer before the age of 65. Nearly one in five Americans will be disabled for one year or more during their working years. A Harvard study* found that over half of all personal bankruptcies and mortgage foreclosures are due to disability. It’s shocking that in the richest nation in the world, many people are within six weeks of personal bankruptcy.

Would you be able to maintain your standard of living if you were too ill or injured to work for an extended length of time? Half of all home foreclosures in the United States result from disability, as do an alarming number of personal bankruptcies. A disabling injury or illness could lead to medical bills, modifications to your car or home, or other unforeseen needs that can be quite expensive. Simply put, if you have a job you likely need disability insurance.

Who Needs Disability Insurance?

If you are dependent on your income, you are a candidate for disability insurance. At Set for Life Insurance, we focus on helping working professionals protect their future income.

Group Benefits vs. an Individual Policy

If you work for a large group or practice, you may be offered a group policy. Group policies typically offer a limited monthly benefit (60 percent of your income to a maximum of $10,000 or $15,000/month). Group policies can’t discriminate – they must offer coverage to everyone in the group. Consequently, they often lack the important provisions of a personal policy.

Even if you have a group policy, it is still important to consider supplementing with an individual policy. Depending on the insurance company, you may be able to set up discounts if two or three people apply for a policy from the same employer. Protect your future by requesting an individual disability insurance quote today.

We Specialize in Disability Insurance for Professionals

Set for Life Insurance has offered customized disability insurance policies to a wide range of professionals including professional athletes, engineers, attorneys, consultants, business owners , computer scientists, bankers, and executives, We have particular expertise in customizing specialty-specific disability insurance policies for the medical and dental community, including:

• Certified Registered Nurse Anesthetists
• Dentists
• Medical Residents and Fellows
• Physicians and Other Medical Professionals
• Veterinarians

Thousands of professionals have relied on Set for Life Insurance to get them the coverage they need to protect their earning potential. We understand your student loan complexities, unique needs and priorities. Our in-depth experience in writing policies across all medical specialties will help you get the best disability insurance policy to ensure you can live your life without worrying about a potential injury derailing your future.