Disability Insurance

Building, Growing, Protecting your Wealth

How would you maintain your standard of living or pay your bills if due to an illness or accident you couldn't work? This is a serious issue many people do not consider since it is not something you think of when you're healthy. Unless provided in an employment package few people are prepared for this situation and it can ruin not only all your previous savings and property but also those of your loved ones.

Disability insurance can come in when you are sick or injured and provided needed funds for the non-medical expenses you pay every day. The funds are provided from one of the two major disability insurance policies; either a short-term or long-term disability policy. While social security and workers compensation may be available they do not always provide enough needed funds and may not be available for shorter terms. Social security only provides funds in you expect to be out of work a year or more with a disability. While workers comp is only available if you were injured on the job.

Policies can be complicated by definitions of the terms used such as, own occupation. It is important that you understand the terms of policies when comparing and evaluating. Dowd Financial Group can help not only get you comparisons but take the time so you understand items such as the benefit period, the elimination period, inflation protection, renewability and the definitions that make the policies not only confusing but inadequate for your needs.


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