1. Protect your family
2. Protect your business partners
3. Protect your employees
It doesn’t have to be anymore complicated or complex than the fundamental reasons listed above. A person's income and their ability to continue to earn an income in the future is their most valuable asset. Disability/Income Replacement Insurance protects a person’s ability to earn income if they become physically or mentally unable to work. This type of coverage allows a person to continue to provide for their family by still receiving an income, it allows business partners to protect each other’s interests in the case a partner’s disability disrupts business and it may prevent an employer from hastily selling his/her business in case of a disabling event.
As a valued executive benefit for your high-income earners, additional Disability/Income Replacement Insurance can be an easy add-on to complement your existing group long-term disability plans. If you have any questions or would like to connect with a Rose Street Advisor, please contact us today.