Disability Insurance for Income Protection

Your paycheck keeps your life running—bills, groceries, mortgage, you name it. But what happens if an injury or illness stops you from working? Disability insurance steps in to protect your income, acting like a financial cushion. At KP Insurance Solutions, we’ve helped countless people secure this peace of mind, and we’re here to show you how it works.

Here’s the basics: disability insurance replaces a chunk of your income—typically 50-70%—if you’re unable to work due to a covered disability. There’s an elimination period, or waiting time, before benefits start—usually 30-90 days. The shorter the wait, the higher the premium, but it’s worth it if you need cash fast. For example, if you earn $4,000 a month, a 60% benefit would give you $2,400 monthly to keep things afloat.

Take Mark, a 45-year-old mechanic. He tore his rotator cuff and couldn’t lift tools for six months. His disability insurance kicked in after a 30-day wait, paying 60% of his income. That $2,000 a month saved his family from dipping into savings or racking up debt. Disabilities aren’t just rare accidents—things like back issues or anxiety can qualify, too. The Social Security Administration says 1 in 4 people will face a disability before retirement.

Policies vary—some cover your specific job (“own occupation”), while others only pay if you can’t work any job (“any occupation”). You can add extras like cost-of-living adjustments or partial benefits if you work part-time during recovery. It might sound complicated, but KP Insurance Solutions makes it simple. We’ll find a plan that fits your income, lifestyle, and budget.