Disability Insurance for Realtors
As a real estate agent, you understand the concept of a sales cycle. For you to earn money you have to go through a sales cycle with every prospect. Do you remember how long it took you to establish the level of success you have right now? Can you imagine having to do it all over again?
Nobody ever believes they will become disabled, and many times people try to get an individual disability insurance policy after it is too late. You are in a profession that depends upon your ability to generate income for you and your family. Should a sickness or injury limit your ability to negotiate the buying and selling of homes for your clients, your personal income could potentially be devastated. Whether you work for an agency, or as an independent realtor, you need to own a personal policy to guarantee that you will have income every month even if you suffer a long term sickness or injury.
Strength of Provider Choice Disability Insurance for Realtors
The Provider Choice disability insurance policy offers an Enhanced Partial Disability Benefit Rider as an option. It is an option every realtor needs to have on their policy. The rider has a built-in recovery provision that is designed to do more to assist with your financial recovery following a disability. If you think about it, you are not in an occupation that will offer you the same money you were making before a long term disability the moment you return to work. It is going to take a lot of time for you to prospect, generate new listings and sales, and finally get paid again at the level you were accustomed to. A six month disability could take a long time to recover from financially. This disability insurance policy is one of the few that will keep paying you partial disability benefits until your income recovers or until the end of the benefit period, even after you have returned to work full time if you continue to suffer a loss of income of at least 15% due to sickness or injury.