Disability insurance sales for agents

Disability insurance sales for agents

Disability insurance sales for agents can be a great way to build your book and generate revenue for your business.

Disability Insurance (DI) will provide you with short-term benefits or long term benefits if you have a full or partial loss of wages due to a non-work-related illness or injury.  Your most important asset is not a material object, it is your ability to earn a living.

This is important coverage to have.  DI pays some of your income in the event that you are unable to work for an extended period due to either an illness or injury.  If you are like most people and rely on your paycheck, you need this coverage.

Why Disability insurance sales for agents:

You have to ask your clients this question; how long could you survive without the ability to earn a paycheck?

Believe it or not, over 1/4 of people age 20 and over will be faced with some type of disability that will last for 90 days or more before they reach retirement. This is based on data from the SSA.

Many people think it won’t happen to them. In fact,  back injuries, cancer, heart attacks, diabetes and other unforeseen illnesses lead to most disability claims.

The two main types of disability insurance:

The first type is short-term and the second is long-term coverage. Both types of DI will replace part of your monthly salary up to a certain cap.  The cap is a total amount you are eligible to receive during the time you are disabled.