Where will your income come from if you are sick or hurt? Disability Insurance or Income Replacement plans provide a source of income if you can’t work.

“Elimination Period” is the length of time you have to be unable to work in order to qualify for benefits. The shorter the elimination period, the more expensive the coverage will be.

“Benefit Period” can be customized to fit your needs. Do you want to be paid to age 65 if you can’t return to your own job or would a payment period of five years be appropriate for you?

You can add numerous options to an income replacement plan. Some examples are:

- Payments for partial disability situations
- First day hospital coverage
- Indexing of income payments
- Lifetime benefits for accidents

Many employers provide some coverage. A Certified Financial Planner will summarize your benefits as provided by your employer. Any shortfalls and potential shortfalls can be identified and solutions can be implemented to solve the problems.