When it comes to securing enough insurance coverage, most people think in terms of buying life, auto, and home insurance. The idea of purchasing a plan for Disability Insurance in Port St. Lucie is not likely to be at the top of the list. Here are some of the reasons why talking with an agent about this type of coverage should happen now rather than later.
That Coverage Through Work
People who have some form of Disability Insurance in Port St. Lucie as part of their employment benefits may think they are set and do not need anything else. What they may not realize is that the coverage through work will only help so much. Many plans of this type will only provide benefits that come to a little more than half of the usual salary or wages. There are also some limitations on the amount of medical costs that those group plans will provide. How will the individual manage to make up the difference?
By investing in a personal disability plan, there will be no worries about how to pay the bills. Once the plan through the employer has paid all it will pay, the individual plan will kick in. That buys the individual time to figure out what needs to happen next in terms of dealing with a temporary or permanent disability.
Benefits Even if the Individual Can Work
Perhaps the extent of the injury and subsequent disability would allow the individual to work, but not at the same type of job. When this is the case, the employer could assign the individual to a new position that is within the scope of those limited abilities. Chances are the group disability plan would not pay anything in this scenario. By contrast, there are individual disability plans that would do so. This is especially important if that new position does not pay as well as the old one.
To learn more about disability coverage, contact the team at Business Name today. It will not take long to take a good look at what the client already has in place and figure out how to secure a plan that will take care of the rest. You can also visit them on Twitter for more information.
