Disability
If you became sick or hurt and couldn't work, how would you pay your bills?  How would you maintain your living standard? If you're like most people, your ability to get up each day and earn an income is one of your most valuable assets. Furthermore, your chances of becoming disabled at some time during your working career are probably higher than you would expect.

Disability insurance can replace a portion of your income when you are unable to work because of injury or illness. There are two major types of disability coverage:

  • Short-Term Disability (STD) provides an income for the early part of a disability. A policy may pay benefits for two weeks up to two years. Short term disability is often included as part of an employee benefits package.

  • Long-Term Disability (LTD) helps replace income for an extended period of time, usually ending after five years or when the disabled person turns 65. Some people have long term disability insurance provided by their employers; others purchase it individually.

  • Long-Term Care (LTC) Insurance - Even the most sophisticated retirement planner can overlook the possibility that someday he or she, a spouse, a parent or another loved one may need long-term care services. The cost of long-term care is often expensive. These costs can quickly erode your assets and may affect inheritance for your children or grandchildren.  Long-term care insurance policies, can give you important choices. Like staying in your own home.  Whether you need a visiting nurse or other caregiver, or just help bathing, dressing or other day-to-day activities, you can maintain the independence you've always enjoyed.

Evans Financial can help you build a long-term care policy to secure your future. Evans Financial is your best resource for all of your Disability needs.  We can customize the right product mix to enhance your employee benefits package.