Life and Disability Insurance

Disability Insurance A person’s ability to earn money is likely the most significant asset they have. If unable to work, who would pay the bills? Living expenses often increase due to disability, while income is drastically reduced. Without proper protection, a sudden illness or injury for any period of time could devastate a family’s financial plans. The only way to protect yourself and your family from financial disaster is to maintain adequate Disability insurance. Employers can provide Disability protection as part of a group policy they offer to their employees. Disability coverage is also available for individuals. Coverage is available for Short-Term or Long-Term.

Life Insurance provides cash to your family after your death. This cash (known as the death benefit) replaces your income and can help your family meet many important financial needs like funeral costs, daily living expenses and college funding. What’s more is there is no federal income tax on life insurance benefits. The GNSA Insurance Partner Network can meet both Group and Individual Life insurance needs. Group life is typically employer paid but can come with shared premium responsibilities and the ability to purchase additional coverage without the need for complicated medical evaluation or testing. For individuals needing coverage of $100,000 or more, individual life insurance can provide excellent protection and be very cost effective.