When most people hear the term disability or disability income, they have many misconceptions. Disability insurance is a very misunderstood type of insurance coverage, but it could prove to be an important investment in your life. At Shield Insurance Agency, serving Hudsonville, MI, we understand that you need good information in order to make good insurance choices. Keep reading to learn more about disability insurance.
Disability insurance is a type of insurance policy that protects your income in Michigan. You have heard of policies that protect your home, your car, your health, and even life insurance protects against your death, but what if you lose your ability to earn an income? If you are unable to work due to an injury or an illness, disability insurance will kick in to provide you with monthly payments to replace part of your lost income.
Anyone who works and depends upon their income for their livelihood would do well to consider disability insurance. This type of protection will assist you and your family if you are injured or if you develop an illness that makes working a regular job difficult.
There are too many different qualifying events to name. In order to better understand how disability insurance works and what types of illness or injury would qualify, you should make an appointment to sit down with an insurance representative. These professionals will be able to give you greater details on why this is an important type of insurance investment for you and your family.
If you would like to learn more about disability insurance, please call our office today at Shield Insurance Agency, serving Hudsonville, MI. We will be happy to answer your questions.