Last Updated on February 29, 2024 by Saira Farman
Disability is the condition which does not permit you to keep working because of the inability to do work that is caused by disability. Individuals’ medical conditions don’t allow them to perform different activities; specifically they are unable to do their job. These medical conditions can be related to severe illness, injury, accident, surgery rehabilitation.
As the name suggests “Long term disability insurance” is covered for a long period of time or instead it provides financial benefits till the time one is not able to perform any occupation. It provides mental satisfaction to the individual as he/she doesn’t have to think about their finances.
Why has long term disability insurance?
Your earnings also decide your lifestyle and standards of living. Think if you lose your source of income only because of your disability what will happen to you, your family and their expenses from now onwards? Doesn’t this thought disturb your mental peace? Yes, this can happen to anyone but life cannot be risked on mere assumptions that you won’t face such situations in life.
- Disability caused while inside the job or outside the job doesn’t matter what but the disability claim will still be forwarded to the insurance policy holder.
- Long term disability insurance by INSTANT DISABILITY provides the best insurance for employers, professionals. It provides employee benefit packages in the form of best affordable insurance.
- It is best suited for high paid professionals that are more skill based and in case of disability they face more problems related to work because ultimately skill cannot be replaced. So long term disability insurance will make sure that your most part of income is covered in the insurance.
- Working professionals do not have much savings that they can handle their expenses and only rely on savings. There is a huge financial burden caused due to disability, especially long term disability and the only solution for this could be to have a long term disable insurance policy by INSTANT DISABILITY.
- Generally long term disable insurance is considered to have a long waiting period for claiming insurance but INSTANT DISABILITY makes sure that claiming of the insurance is easy.
- Monthly payment is received for the lost income due to disability and this can be utilized to meet different needs of one and his family like paying monthly bills, grocery, medicine, clothes and other such utilities can be fulfilled.
- INSTANT DISABILITY provides the most affordable insurance policy available and sooner you get the insurance policy lower will be the cost of enrollment and best will be the value or premium of your insurance policy.
With earning to win your bread and butter you also have some responsibilities towards your family to make their future secure as well so the best way is to think rationally so that your family doesn’t have to go through tough times because of any mishap. It is smart to get the insurance in your healthier times and not in the times when you are surrounded by others associated problems caused due to disability.