
Financial Protection When You’re Unable to Work
Rita was cleaning out her gutter when she fell off the ladder and hurt her back. A trip to the ER confirmed she had four herniated discs and would need intensive physical therapy before she could return to work. Rita’s long term disability insurance paid a percentage of her lost income, while she worked to regain her strength.
How Rita’s Plan Paid Off:
Rita’s long term disability coverage paid 60% of her gross monthly income, until she was able to return to work.
- Annual salary: $69,600
- Gross weekly earnings: $5,800
- Weekly benefit: $3,480
She Used the Money to Pay For:
- Mortgage payments
- Child care costs
- Utilities
- Credit card bills
Top 5 Reasons for
Long Term Disability:
- 16% Cancer
- 14% Back Disorders
- 11% Injuries
- 9% Cardiovascular
- 9% Joint Disorders