Best Estate Planning Attorneys in Catalina Foothills, AZ

What Is Disability Insurance and Why Should You Have It? Insurance exists to help you prepare for the unexpected. Disability insurance provides protection for you and your loved ones if you suffer an illness or injury that keeps you from working for an extended period. Most policies pay a benefit that replaces a percentage of your income. But disability insurance is not the same as health insurance—it will not cover your medical bills. Instead, disability benefits replace a percentage of the income you lose due to your inability to work, so you can cover your basic financial needs, such as paying bills, covering daily living expenses, and providing for your family, until you can return to work. To begin your search for disability insurance, first you need to get clear about your minimum financial needs, or what we call your “minimum to thrive” number, should you become unable to work. Jarvis Legacy can help you better understand the different types of disability insurance and calculate your minimum to thrive, so you can select the right policy to give you peace of mind.