Harris, Reed & Seiferth Insurance Group
  • Home
  • Quotes
    • Property >
      • Home Quote
      • Condo Quote
      • Mobile Home Quote
      • Renters Quote
      • Personal Vacant Property Quote
      • Landlords Quote
      • Flood Quote
      • Personal Inland Marine Quote
      • Personal Vacant Land Quote
      • Builder's Risk Quote
    • Vehicles >
      • Auto Quote
      • Motorcycle Quote
      • Snowmobile Quote
      • ATV Quote
      • Motor Home/RV Quote
      • Golf Cart Quote
      • Scooter Quote
      • Roadside Assistance Quote
    • Life >
      • Life Insurance Quote
    • Medical >
      • Health Quote
      • Dental Quote
      • Vision Quote
      • Critical Illness Quote
      • Disability Quote
      • Medicare Supplement Plan Quote
      • Long Term Care Quote
    • Business >
      • Business Quote
    • Specialty >
      • Boatowners Quote
      • Umbrella Quote
      • Travel Insurance Quote
      • Private Horse Owner Liability Quote
  • Products
    • Property >
      • Learn about Home Insurance
      • Learn about Condo Insurance
      • Learn about Renters Insurance
      • Learn about Mobile Home Insurance
      • Learn about Personal Inland Marine Insurance
      • Learn about Vacant Land (Personal)
      • Learn about Vacant Property
      • Learn about Flood Insurance
      • Learn about Builder's Risk Insurance
      • Learn about Landlords Insurance
    • Vehicles >
      • Learn about Auto Insurance
      • Learn about Classic Car Insurance
      • Learn about Motorcycle Insurance
      • Learn about Snowmobile Insurance
      • Learn about ATV Insurance
      • Learn about RV Insurance
      • Learn about Golf Cart Insurance
      • Learn about Scooter Insurance
      • Learn About Roadside Assistance Insurance
    • Life >
      • Learn about Life Insurance
      • Learn about Guaranteed Issue
    • Medical >
      • Learn about Health Insurance
      • Learn about Dental Insurance
      • Learn about Vision Insurance
      • Learn about Critical Illness Insurance
      • Learn about Disability Insurance
      • Learn about Long Term Care Insurance
      • Learn about Medicare Advantage Plans Insurance
    • Business >
      • Learn about Business Insurance
      • Learn about Commercial Marine Insurance
    • Specialty >
      • Learn about Boatowners Insurance
      • Learn about Aviation Insurance
      • Learn about Umbrella Insurance
      • Learn about Travel Insurance
      • Learn about Private Horse Owner Liability Insurance
  • Service
    • Report a Claim
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
  • Resources
    • Blog
    • Free Home Inventory Checklist
    • Free Disaster Preparedness Plan
    • Refer a Friend
  • About
    • Insurance Carriers
    • Accessibility Statement
    • Contact
  • Home
  • Quotes
    • Property >
      • Home Quote
      • Condo Quote
      • Mobile Home Quote
      • Renters Quote
      • Personal Vacant Property Quote
      • Landlords Quote
      • Flood Quote
      • Personal Inland Marine Quote
      • Personal Vacant Land Quote
      • Builder's Risk Quote
    • Vehicles >
      • Auto Quote
      • Motorcycle Quote
      • Snowmobile Quote
      • ATV Quote
      • Motor Home/RV Quote
      • Golf Cart Quote
      • Scooter Quote
      • Roadside Assistance Quote
    • Life >
      • Life Insurance Quote
    • Medical >
      • Health Quote
      • Dental Quote
      • Vision Quote
      • Critical Illness Quote
      • Disability Quote
      • Medicare Supplement Plan Quote
      • Long Term Care Quote
    • Business >
      • Business Quote
    • Specialty >
      • Boatowners Quote
      • Umbrella Quote
      • Travel Insurance Quote
      • Private Horse Owner Liability Quote
  • Products
    • Property >
      • Learn about Home Insurance
      • Learn about Condo Insurance
      • Learn about Renters Insurance
      • Learn about Mobile Home Insurance
      • Learn about Personal Inland Marine Insurance
      • Learn about Vacant Land (Personal)
      • Learn about Vacant Property
      • Learn about Flood Insurance
      • Learn about Builder's Risk Insurance
      • Learn about Landlords Insurance
    • Vehicles >
      • Learn about Auto Insurance
      • Learn about Classic Car Insurance
      • Learn about Motorcycle Insurance
      • Learn about Snowmobile Insurance
      • Learn about ATV Insurance
      • Learn about RV Insurance
      • Learn about Golf Cart Insurance
      • Learn about Scooter Insurance
      • Learn About Roadside Assistance Insurance
    • Life >
      • Learn about Life Insurance
      • Learn about Guaranteed Issue
    • Medical >
      • Learn about Health Insurance
      • Learn about Dental Insurance
      • Learn about Vision Insurance
      • Learn about Critical Illness Insurance
      • Learn about Disability Insurance
      • Learn about Long Term Care Insurance
      • Learn about Medicare Advantage Plans Insurance
    • Business >
      • Learn about Business Insurance
      • Learn about Commercial Marine Insurance
    • Specialty >
      • Learn about Boatowners Insurance
      • Learn about Aviation Insurance
      • Learn about Umbrella Insurance
      • Learn about Travel Insurance
      • Learn about Private Horse Owner Liability Insurance
  • Service
    • Report a Claim
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
  • Resources
    • Blog
    • Free Home Inventory Checklist
    • Free Disaster Preparedness Plan
    • Refer a Friend
  • About
    • Insurance Carriers
    • Accessibility Statement
    • Contact


Learn about Disability Insurance

Did you know more than 1 in 4 people today will become disabled at some point before retirement? It only takes a few minutes to find out how we can protect your future.

get a quote

What is Disability Insurance?

Disability Insurance, often called DI or disability income insurance, or income protection, is a form of insurance that insures the beneficiary's earned income against the risk that a disability creates a barrier for a worker to complete the core functions of their work. 

For example, the worker may suffer from an inability to maintain composure in the case of psychological disorders or an injury, illness or condition that causes physical impairment or incapacity to work. It encompasses paid sick leave, short-term disability benefits (STD), and long-term disability benefits (LTD).

Statistics show that in the US a disabling accident occurs on average once every second. In fact, Nearly 18.5% of Americans are currently living with a Disability, and 1 out of every 4 persons in the US workforce will suffer a disabling injury before retirement.

Types of Disability Insurance

Individual Disability Insurance - Those whose employers do not provide benefits, and self-employed individuals who desire disability coverage, may purchase policies. Premiums and available benefits for individual coverage vary considerably between companies, occupations, states and countries. In general, premiums are higher for policies that provide more monthly benefits, offer benefits for longer periods of time, and start payments of benefits more quickly following a disability claim. Premiums also tend to be higher for policies that define disability in broader terms, meaning the policy would pay benefits in a wider variety of circumstances.

High-limit Disability Insurance - High-limit disability insurance is designed to keep individual disability benefits at 65% of income regardless of income level. Coverage is typically issued supplemental to standard coverage. With high-limit disability insurance, benefits can be anywhere from an additional $2,000 to $100,000 per month. Single policy issue and participation (individual or group long-term disability) coverage has gone up to $30,000 with some companies.

Key-person Disability Insurance -  Key Person Disability Insurance provides benefits to protect a company from financial hardship that may result from the loss of a key employee due to disability. The company can use the benefits to hire a temporary employee should the disabled employee's disability appear to be short-term. In the case of permanent disability, benefits are used to help defray costs related to hiring a replacement, including recruitment, training, startup, loss in revenue and unfunded salary continuation costs.

Business Overhead Expense Disability Insurance - Business Overhead Expense (BOE) coverage reimburses a business for overhead expenses should the owner experience a disability. Eligible benefits include: rent or mortgage payments, utilities, leasing costs, laundry/maintenance, accounting/billing and collection service fees, business insurance premiums, employee salaries, employee benefits, property tax, and other regular monthly expenses.

Contact us to learn more about the disability insurance coverage for you.
Contact Us
Disability Insurance Quote
Get a quote for disability insurance

Connect With Us

Contact Us

Click Here to Email Us

Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us

Share This Page

Florida
6650 W. Indiantown Rd.
Jupiter, FL 33458


(561) 768-8176

Texas
11811 North Freeway, 
Houston, TX 77060

(713) 487-5538

Website by InsuranceSplash
© 2023 by HARRIS, REED & SEIFERTH INSURANCE GROUP, INC.