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Insurance Group of America

17 Warren Road - Suite 5B
Baltimore, MD 21208
Toll Free: (800) 688-9241
Local: (410) 415-0700
Fax: (410) 415-0800
E-mail: sales@igalife.com


Disability Insurance

Your most valuable asset is not your car, valuables or even your home. Your most valuable asset is your ability to earn an income.

Things to consider:

  1. Statistics show that 6 out of every 10 people between the ages of 20 and 60 will have some period of disability before the age of 65.

  2. Approximately 50% of all home foreclosures are caused by disabilities.

  3. A disabling injury occurs every 2 seconds and a fatal injury occurs every 6 minutes. (Reports on Injuries in America, National Safety Council)

  4. In the home, there is a disabling injury every 5 seconds and a fatal injury every 15. Nearly ¾ of all disabled people are rejected for Social Security Benefits.

  5. Disability policies offered by employers MAY NOT be portable or as comprehensive as individual policies.

  6. Wage losses, medical expenses, property damages, employer costs, fire losses and other expenses related to unintentional injuries and fatalities cost Americans an estimated $480.5 billion in 1998. That's equal to 59 cents of every dollar spent on food in the U.S. in 1998. (Reports on Injuries in America, National Safety Council)

What does Disability Insurance do for you?

Disability insurance is designed to help you through a lapse in income due to illness or injury by providing financial protection at a critical time.

Disability insurance provides financial protection during your working years. It pays a monthly benefit when a disability caused by an illness or injury interrupts your ability to work and earn an income. Some policies pay benefits only when you are totally unable to work. Others pay a benefit proportional to any loss of income you experience, whether the disability is total or partial. Your benefit allows you to continue to meet your financial obligations during your loss.