couldn't live comfortably without your income in the event you suffered a
significant illness or injury, you need disability insurance. Disability
insurance replaces a portion of your income if you become disabled and are no
longer able to work. Typical policies will cover up to 60 percent of your
current salary. Supplements and individual plans are available that will cover
up to 80 percent of your current salary, with benefits lasting for a
predetermined number of years or until you reach retirement age.
important to understand the difference between short-term disability and
Short-term disability begins when you're unable to
work as a result of an illness, injury or the birth of a child. Most employers
provide some type of short-term disability, with durations up to one year.
Long-term disability coverage takes over when your short-term coverage runs
out. While providing long-term coverage is not required, many employers do
provide at least some type of long-term disability insurance.
employer does not offer any coverage – or if you are self-employed – talk to
your First Midwest Financial Consultant about options to maintain your
standard of living even if you can no longer work. Disability insurance
monthly income to help maintain your standard of living.
- Can be
customized to fit your individual situation.
- Help keep your financial
goals for the future intact.
Disability products protect your
income when you need it most . . . so you can focus on getting better. Call
800-241-1749 to get connected with a First Midwest Financial Consultant
Guarantees are based on the claims paying ability of the issuing
*First Midwest Financial Network is a division of First Midwest Bank.
Securities offered through LPL Financial, Member FINRA/SIPC. Insurance products offered through LPL
Financial or its licensed affiliates. First Midwest Bank and First
Midwest Financial Network are not registered broker/dealers and are not
affiliated with LPL Financial. The site is designed for U.S. residents only,
and the services offered within this site are available exclusively through
our U.S. registered representatives. LPL Financial U.S. registered
representatives may only conduct business with residents of the states for
which they are properly registered. Please note that not all of the
investments and services mentioned are available in every state.