Services Risk Management Disability / Income Replacement

Disability / Income Replacement

Protect your biggest asset: your future income.

The asset most people forget to insure.

For someone in their working years, future income is almost always the single biggest asset on the personal balance sheet. A 40-year-old earning $150k has roughly $4 million of remaining lifetime income ahead of them. Disability insurance protects it.

Where most people’s coverage falls short

  • Group LTD through work typically replaces ~60% of base salary, taxed if the employer pays the premium, and disappears if you change jobs
  • No coverage for self-employed owners beyond Social Security disability—which has a notoriously difficult approval process
  • Definition of disability matters. “Own occupation” vs. “any occupation” can be the difference between getting paid and being told to go work as a Walmart greeter

What we look at

  • True income replacement target after taxes
  • Elimination period (how long until benefits start)
  • Benefit period (how long benefits continue)
  • Own-occupation vs. any-occupation language
  • Cost-of-living adjustment, residual benefit, future-increase options

For business owners and high-earners especially, an individual policy on top of group coverage is usually well worth the cost.

Let's see if we're a good fit.

A 30-minute introductory call—no pressure, no obligation. We'll talk through your goals and whether working together makes sense.