You probably have many different types of insurance for your business. But many small business owners neglect what may be one of the most important types of insurance coverage – disability. According to the Disability Management Sourcebook, one in seven people will become disabled for five years or more before age 65.
You probably don't think twice about insuring your car, home, and other valuables, so why not insure your most valuable asset – your paycheck? Back and neck pain, cancer, heart disease, mental illness, stress-related illnesses – these common conditions that everyone is susceptible to can prevent you from working for an extended period of time. Disability insurance helps to replace a portion of your income while you recover, and how you allocate the benefit is up to you. Use it for rent, mortgage, groceries, or a cleaning service to help you around the house. Whatever you need to. The Hartford goes beyond the benefits with built-in value-added services to support your recovery, including confidential support for emotional, legal and financial issues, and access to benefit specialists and nurses who can provide administrative and clinical support to address medical care and claims concerns, and workers’ compensation kicks in only in the event of a work-related accident or injury. A break in income can quickly deplete savings and really affect your earning potential. The income protection of disability insurance through The Hartford is backed by our best-in-class claims process, ensuring employees and their beneficiaries receive personalized, compassionate care during a difficult time in their lives. It could make a huge difference when you and your family need it most.