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As a successful financial professional, you are well aware of the importance of one's ability to earn an income. The significance of a person's ability to earn an income is so great that it is considered one's most valuable asset. However, what would happen if you or a client were to suffer a serious sickness or injury?
Like many individuals working in the world of finance, your overall objective may be to create and preserve wealth for your clients. As well, you probably spend a great deal of time and scrutiny on your own financial plans and goals. Unfortunately, an unforseen disability can put a severe strain on your personal and business finances…if you have not taken the appropriate measures to secure disability insurance.
The Purpose of Disability Income Insurance
In the event of a disabling sickness or injury, individual disability
income insurance will provide an individual with the means to continue
the standard of living they were accustomed to before their disability.
Disability income insurance is designed to replace up to 60% of an individual's
taxable income, if that person should suffer a disability. Thus, disability
income insurance allows an individual to continue to support oneself,
a family, and a business.
Call 888-513-2300
Important Definitions
What gives a disability contract its strength are the definitions within
the policy. Berkshire is able to pay more money to an insured, and in
more situations than our competition because of those definitions.
- True
Own Occupation Definition of Total Disability- Certainly the
most sought after, and powerful definition of total disability in the
marketplace. With an Own Occupation contract, you are considered totally
disabled if you are no longer able to perform the material and substantial
duties of your occupation in which you are engaged in at the time you
become disabled. You are considered totally disabled even if you are
at work in some other capacity so long as you are not able to work in
your regular occupation.
- Definition of Residual Disability- Residual disability means that you are at work and are not totally disabled, but have suffered an income loss due to a sickness or injury. Berkshire will continue to pay you even if you have recovered from the disability, as long as you have an income loss of at least 20% that is a result of the disability.
| Discounts For You and Your Clients |
| Preferred Risk - 5% off - for people in good health |
| Non-Tobacco User - 15% off |
| Association - 10% off - for members of qualified associations |
| Employer Sponsored - 10% off - If your employer sponsors the plan for your company |
This section of the web site was designed for your personal use, as well as for with your clients. Feel free to request a quote for any of your clients. All information is kept confidential, and we will only correspond directly with you. We will not talk with your clients.
Many of your clients may already have disability insurance in some form or another. However, please use this site as a reference for your clients and yourself. Explore the other sections of the site to help you understand the need for disability insurance in a variety of different circumstances vital to one's financial security.
Call 888-513-2300
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