Genuity Insurance Associates, LLC
  • Home
  • Insurance Products
    • Commercial Insurance
    • Business >
      • Business Owners Package (BOP) Insurance
      • Surety Bonds
      • Workers Compensation
    • Vehicles >
      • Auto Insurance
      • Classic Car Insurance
    • Property >
      • Home Insurance
      • Condo Insurance
      • Landlords Insurance
      • Renters Insurance
    • Life/Financial >
      • Life Insurance
      • Disability Insurance
      • Final Expense Insurance
    • Other >
      • Boat Insurance
      • Umbrella Insurance
  • Self-Service
    • Report a Claim
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Policy Review
    • Online Documents
    • Free Consultation
  • About
    • Insurance Carriers
    • Client Testimonials
    • Refer a Friend
    • Newsletter Signup
    • News
    • Accessibility Statement
  • Contact

Disability Insurance

Did you know more than 1 in 4 people today will become disabled at some point before retirement? It only takes a few minutes to find out how we can protect your future

Get a Quote
Contact Us

What is Disability Insurance?

Disability Insurance, often called DI or disability income insurance, or income protection, is a form of insurance that insures the beneficiary's earned income against the risk that a disability creates a barrier for a worker to complete the core functions of their work. 

For example, the worker may suffer from an inability to maintain composure in the case of psychological disorders or an injury, illness or condition that causes physical impairment or incapacity to work. It encompasses paid sick leave, short-term disability benefits (STD), and long-term disability benefits (LTD).

Statistics show that in the US a disabling accident occurs on average once every second. In fact, Nearly 18.5% of Americans are currently living with a Disability, and 1 out of every 4 persons in the US workforce will suffer a disabling injury before retirement.

Types of Disability Insurance

Individual Disability Insurance - Those whose employers do not provide benefits, and self-employed individuals who desire disability coverage, may purchase policies. Premiums and available benefits for individual coverage vary considerably between companies, occupations, states and countries. In general, premiums are higher for policies that provide more monthly benefits, offer benefits for longer periods of time, and start payments of benefits more quickly following a disability claim. Premiums also tend to be higher for policies that define disability in broader terms, meaning the policy would pay benefits in a wider variety of circumstances.

High-limit Disability Insurance - High-limit disability insurance is designed to keep individual disability benefits at 65% of income regardless of income level. Coverage is typically issued supplemental to standard coverage. With high-limit disability insurance, benefits can be anywhere from an additional $2,000 to $100,000 per month. Single policy issue and participation (individual or group long-term disability) coverage has gone up to $30,000 with some companies.

Key-person Disability Insurance -  Key Person Disability Insurance provides benefits to protect a company from financial hardship that may result from the loss of a key employee due to disability. The company can use the benefits to hire a temporary employee should the disabled employee's disability appear to be short-term. In the case of permanent disability, benefits are used to help defray costs related to hiring a replacement, including recruitment, training, startup, loss in revenue and unfunded salary continuation costs.

Business Overhead Expense Disability Insurance - Business Overhead Expense (BOE) coverage reimburses a business for overhead expenses should the owner experience a disability. Eligible benefits include: rent or mortgage payments, utilities, leasing costs, laundry/maintenance, accounting/billing and collection service fees, business insurance premiums, employee salaries, employee benefits, property tax, and other regular monthly expenses.

Contact us to learn more about the disability insurance coverage for you.
(954) 995 3633​
429 Seabreeze Blvd., Suite 10
Fort Lauderdale, FL 33316
Click Here to Email Us
Disability Insurance Quote
Get a quote for disability insurance

Complete the details below to get your free ​disability insurance quote:

    Please enter the occupation of the person to be insured.
    Please enter the date of birth of the person to be insured.
    Please enter the gender of the person to be insured.
    Please enter the estimated monthly income of the person to be insured.
    Please enter whether the person to be insured is a tobacco user.
    Please enter the date you’d like this new policy to go into effect.
    Please enter your first and last name
    Please enter your mailing address.
    Please enter an email address we can use to contact you about this insurance quote.
    Please enter a phone number we can use to contact you about this insurance quote.
    Please let us know if there's anything else we should know to provide you an accurate insurance quote.
    Your private information is provided exclusively to our agency and will not be redistributed or sold to anyone else.
Submit
Licensed in Florida, New York, California, Connecticut, and Texas

Navigation

Homepage
Insurance Products
Policy Service
Contact Us
Agent Login

Connect with Us

Share This Page

Contact Us

Genuity Insurance Associates, LLC
429 Seabreeze Blvd., Suite 10
Fort Lauderdale, FL 33316
Phone: (954) 995 3633​
Fax: (954) 414 0614​

Location

Website by InsuranceSplash
  • Home
  • Insurance Products
    • Commercial Insurance
    • Business >
      • Business Owners Package (BOP) Insurance
      • Surety Bonds
      • Workers Compensation
    • Vehicles >
      • Auto Insurance
      • Classic Car Insurance
    • Property >
      • Home Insurance
      • Condo Insurance
      • Landlords Insurance
      • Renters Insurance
    • Life/Financial >
      • Life Insurance
      • Disability Insurance
      • Final Expense Insurance
    • Other >
      • Boat Insurance
      • Umbrella Insurance
  • Self-Service
    • Report a Claim
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Policy Review
    • Online Documents
    • Free Consultation
  • About
    • Insurance Carriers
    • Client Testimonials
    • Refer a Friend
    • Newsletter Signup
    • News
    • Accessibility Statement
  • Contact