What Issues Should I Consider When Purchasing Disability Insurance?

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For your working clients, disability insurance is critical to protecting their income should they suffer an illness or injury that prevents them from continuing to work. Replacement income can provide peace of mind for clients facing the stress and uncertainties that often accompany a disability. Despite the importance of maintaining financial stability, many clients lack adequate coverage to defend against the risk of disability.

Employer-provided and individual coverage options should be coordinated with Social Security in order to ensure that short-term and long-term disability risks are mitigated. To help you guide your clients through the complexities of this important topic, we created this checklist. It covers key considerations, including:

Short-term and long-term needs
Federal benefits
Group and individual coverage options
Important features and variables
Tax implications

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