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Kansas Disability Insurance

 

A Kansas Disability policy is important for protecting one of your most valuable resources, the ability to earn income.  We protect our lives with KS Health Insurance, KS Life Insurance, and KS Property and Casualty Insurance but many times our income gets neglected.  QuicklyQuoteMe has teamed up with professional Kansas Disability Agents to bring you the advice and protection you need.

 

Many people in Kansas are protected by group Short Term Disability and Long Term Disability.  The danger is that the coverage is subject to employment and the benefit will probably be fully taxable. By owning an individual Kansas policy, you the consumer can set your desired level of protection up to the traditional limit of 60%. The coverage, once issued, will stay in effect until retirement age assuming that all required premium payments and paid. In most situations Long Term Disability is the only kind available to individuals while Short Term is typically reserved for groups. Ask your Kansas Disability Agent what is available for your situation.

 

There are some important optional riders to consider when choosing a Kansas Disability policy that is listed below:

 

Elimination Period: Typically 30, 60, 90, or 180 days. It represents that amount of time before the benefit begins to pay. The longer the KS elimination period the smaller the premium.

Cost of Living Adjustment (COLA): This benefit adds a percentage (typically 5%) to your benefit to keep up with inflation and/or salary increases.

Own Occupation: The benefit will be paid out as long as the individual cannot perform his/her own occupations or duties as long as the benefit period is scheduled to pay out.

Any Occupation: The benefit will be paid out if the individual cannot perform any gainful occupation. It is a more restrictive definition because there are many occupations that one could still perform with minor disabilities. This is the definition that Social Security uses.

 

If you would like to get additional information about Disability Insurance in Kansas click here.

 

 

                            Request a Kansas Disability Insurance Quote

 

 

QuicklyQuoteMe’s Opinion on Disability Insurance

Establish the financial capability to survive without 3 months of income to save monthly premium dollars.  Many companies can set a retroactive payment, which will pay you back 3 months of your lost income.  Plan ahead to be able to save money, and talk with one of our licensed professionals to find out how much money can be saved.

 

QuicklyQuoteMe recommends speaking with one of our licensed professionals to analyze your options and appropriate level of protection.  Consider living without the ability to make income because it is one of our greatest abilities.  Fill out an online form to speak with one of them directly, they all come highly recommended!

 


                            Request to speak with a QuicklyQuoteMe Kansas Disability Agent

 

 

If you are an Insurance Agent looking for Kansas Disability Insurance Leads click here.

 

 

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