DISABILITY INCOME PROTECTION

Your earning power is your most valuable asset. Just as you protect your other valuable assets, such as your car and your home, so too should you consider protecting your income stream.

An adequate amount of personally-owned disability income insurance, coordinated with other sources of income, can guarantee a source of income in the event of serious illness or injury.

Personally-owned disability income insurance benefits can be used to:

  • Preserve your independence.
  • Maintain your lifestyle.
  • Give you time to recover and, if necessary, retrain.
  • Protect your assets from liquidation.
  • Maintain your personal savings for other uses.

Premiums paid for personally-owned disability income insurance are not tax deductible; for this reason, the benefits are not considered income and are received 100% free of income tax*.
* This publication is offered for the purpose of education and information only and is not intended to constitute tax or legal advice. For information on your specific situation, please consult your tax or legal advisor.

To set an appointment to discuss your individual situation, please call us at (800) 925-2050.
*Disclaimer

 

 
Click here to return to the homepage