Archive for August 19th, 2024
Underwriting Disability Insurance with Mental Nervous Disorders
When considering disability insurance, most people think of coverage for physical injuries or illnesses that prevent them from working. However, mental and nervous disorders (MNDs) also play a significant role in an individual’s ability to maintain employment. The Social Security Administration reports that 35%Â of disability insurance beneficiaries are due to MNDs. With the increasing awareness of mental health, the importance of understanding how disability insurance covers MNDs cannot be overstated.
Why Buy/Sell Disability Insurance is Crucial for Business Owners
In the dynamic world of business, ensuring continuity and stability is essential. This is especially important when unforeseen circumstances arise. For business owners, one critical aspect of this stability is having a well-structured Buy/Sell Disability Insurance policy. This type of insurance is designed to safeguard a business’s operations and ownership structure if a key partner or owner becomes disabled and is unable to contribute to the business. Let’s dive into what Buy/Sell Disability Insurance is and why it’s a crucial component for business owners.
CONTACT US
- 877-636-2112
- Monday – Friday: 8:30 am – 5:30 pm Pacific
