You have insurance for your house, car and health, but if you're like many Americans, you probably don't have insurance for the one thing that pays those bills: your income. If an accident or illness prevented you from working, could you still cover your everyday expenses?
Disability insurance makes this question easy to answer. It can help protect your way of life and maintain your lifestyle if a physician determines you're unable to work due to a covered accident or illness.
Many people forgo disability insurance because they don't think they'll ever need it. However, disabilities can be caused by common illness or conditions, such as:
- Pregnancy and childbirth
- Back and joint disorders
- Accidents and fractures
- Heart attacks and strokes
Some states now offer paid medical leave (PML) programs, a form of disability insurance for some types of employees. However, state PML programs may not offer as much coverage as employees might need or for as long as they might need when they're unable to work.
When you're unable to earn an income because of an illness or accident, your paycheck stops, but expenses continue, whether your state offers PML or not. With Colonial Life, you can focus more on your health and recovery — and less on paying bills.