{"id":3443,"date":"2015-07-10T18:08:28","date_gmt":"2015-07-11T01:08:28","guid":{"rendered":"http:\/\/www.mnjinsurance.com\/?page_id=3443"},"modified":"2020-06-05T11:44:25","modified_gmt":"2020-06-05T18:44:25","slug":"disability-insurance-income-protection","status":"publish","type":"page","link":"https:\/\/mnjinsurance.com\/disability-insurance-income-protection\/","title":{"rendered":"Disability Insurance &#038; Income Protection"},"content":{"rendered":"\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_two_third-352b07ef7d3bc99b2e9f92e7a9e06bdb\">\n.flex_column.av-av_two_third-352b07ef7d3bc99b2e9f92e7a9e06bdb{\n-webkit-border-radius:0px 0px 0px 0px;\n-moz-border-radius:0px 0px 0px 0px;\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div class='flex_column av-av_two_third-352b07ef7d3bc99b2e9f92e7a9e06bdb av_two_third  avia-builder-el-0  el_before_av_one_third  avia-builder-el-first  first flex_column_div av-zero-column-padding '     ><p>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_heading-d9521a01e38d833b4e9fac2fc9af1b58\">\n#top .av-special-heading.av-av_heading-d9521a01e38d833b4e9fac2fc9af1b58{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-av_heading-d9521a01e38d833b4e9fac2fc9af1b58 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-av_heading-d9521a01e38d833b4e9fac2fc9af1b58 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-av_heading-d9521a01e38d833b4e9fac2fc9af1b58 av-special-heading-h3  avia-builder-el-1  el_before_av_textblock  avia-builder-el-first '><h3 class='av-special-heading-tag'  itemprop=\"headline\"  >Disability Insurance <span class='special_amp'>&amp;<\/span> Income Protection<\/h3><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div><br \/>\n<section  class='av_textblock_section av-av_textblock-0366cc7376be6c9e82a3e9cc8987b64f'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><p>Like most people, you may have a number of monthly, ongoing financial obligations you\u2019re responsible for, such as a mortgage or rent, car payments, credit card debt, and everyday expenses. If you become disabled, you will still need to fulfill your financial commitments and provide for your loved ones. Some individuals may have a short term disability (STD) or long term disability (LTD) plan through their employer, but the replaced income through such policies while on disability may not be enough. Therefore, it\u2019s important to help protect a portion of your income with an Individual Disability Income (DI), as this may help protect more of your income, if you become too sick or injured to work for an extended period of time.<\/p>\n<p>Before choosing a disability insurance policy, consider what your financial situation would be if you suddenly lost your ability to work and earn an income.<\/p>\n<\/div><\/section><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_one_third-2a64de42b738552fe666ca889af77e28\">\n.flex_column.av-av_one_third-2a64de42b738552fe666ca889af77e28{\n-webkit-border-radius:0px 0px 0px 0px;\n-moz-border-radius:0px 0px 0px 0px;\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div class='flex_column av-av_one_third-2a64de42b738552fe666ca889af77e28 av_one_third  avia-builder-el-3  el_after_av_two_third  el_before_av_hr  flex_column_div av-zero-column-padding '     ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_icon_box-7f76f45a03abd217cc4b28e3fc02a153\">\n.iconbox.av-av_icon_box-7f76f45a03abd217cc4b28e3fc02a153 .iconbox_icon{\nborder:1px solid #2674b4;\n}\n#top #wrap_all .iconbox.av-av_icon_box-7f76f45a03abd217cc4b28e3fc02a153 .iconbox_content_title{\ncolor:#2674b4;\n}\n<\/style>\n<article  class='iconbox iconbox_top av-av_icon_box-7f76f45a03abd217cc4b28e3fc02a153  avia-builder-el-4  avia-builder-el-no-sibling  main_color'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class=\"iconbox_content\"><header class=\"entry-content-header\"><div class=\"iconbox_icon heading-color\" aria-hidden='true' data-av_icon='\ue84c' data-av_iconfont='entypo-fontello'><\/div><h3 class='iconbox_content_title '  itemprop=\"headline\" >Disability Insurance &amp; Income Protection<\/h3><\/header><div class='iconbox_content_container '  itemprop=\"text\" ><p>Did you know that 1 out of 4 people today will become disabled at some point before retirement? Allow our insurance experts to help guide you to the right solutions to protect your income and financial future.<\/p>\n<div  class='avia-button-wrap av-av_button-e28efbc08def35822a5abe3439d8025f-wrap avia-button-center  avia-builder-el-5  avia-builder-el-no-sibling '><a href='http:\/\/www.mnjinsurance.com\/contact-us'  class='avia-button av-av_button-e28efbc08def35822a5abe3439d8025f avia-icon_select-yes-left-icon avia-size-small avia-position-center avia-color-theme-color'  ><span class='avia_button_icon avia_button_icon_left' aria-hidden='true' data-av_icon='\ue84c' data-av_iconfont='entypo-fontello'><\/span><span class='avia_iconbox_title' >Request a Quote<\/span><\/a><\/div>\n<\/div><\/div><footer class=\"entry-footer\"><\/footer><\/article><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_hr-0688d0b0b6ed2f8b057db7a8270206df\">\n#top .hr.hr-invisible.av-av_hr-0688d0b0b6ed2f8b057db7a8270206df{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-av_hr-0688d0b0b6ed2f8b057db7a8270206df hr-invisible  avia-builder-el-6  el_after_av_one_third  el_before_av_icon_box '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<article  class='iconbox iconbox_top av-av_icon_box-f8bf6ddb0e7c90e728320ad2c93a0107  avia-builder-el-7  el_after_av_hr  el_before_av_three_fifth  main_color'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class=\"iconbox_content\"><header class=\"entry-content-header\"><div class=\"iconbox_icon heading-color\" aria-hidden='true' data-av_icon='\ue84e' data-av_iconfont='entypo-fontello'><\/div><h3 class='iconbox_content_title '  itemprop=\"headline\" >Types of Disability Insurance<\/h3><\/header><div class='iconbox_content_container '  itemprop=\"text\" ><\/div><\/div><footer class=\"entry-footer\"><\/footer><\/article>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_three_fifth-352b07ef7d3bc99b2e9f92e7a9e06bdb\">\n.flex_column.av-av_three_fifth-352b07ef7d3bc99b2e9f92e7a9e06bdb{\n-webkit-border-radius:0px 0px 0px 0px;\n-moz-border-radius:0px 0px 0px 0px;\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div class='flex_column av-av_three_fifth-352b07ef7d3bc99b2e9f92e7a9e06bdb av_three_fifth  avia-builder-el-8  el_after_av_icon_box  el_before_av_two_fifth  first flex_column_div av-zero-column-padding '     ><p>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_heading-3682133bbbb4343a0aa2b98745b7a843\">\n#top .av-special-heading.av-av_heading-3682133bbbb4343a0aa2b98745b7a843{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-av_heading-3682133bbbb4343a0aa2b98745b7a843 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-av_heading-3682133bbbb4343a0aa2b98745b7a843 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-av_heading-3682133bbbb4343a0aa2b98745b7a843 av-special-heading-h3  avia-builder-el-9  el_before_av_textblock  avia-builder-el-first '><h3 class='av-special-heading-tag'  itemprop=\"headline\"  > \u2022 Individual Disability Insurance<\/h3><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div><br \/>\n<section  class='av_textblock_section av-av_textblock-0366cc7376be6c9e82a3e9cc8987b64f'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><p>Individual Disability Insurance provides benefits to help replace and protect your income if you should become disabled and not able to perform the normal duties of your job. For those individuals whose employer does not provide LTD insurance or are self-employed, they should explore DI and protecting their income. In general, premiums are higher for policies that provide more monthly benefits, offer benefits for longer periods of time, and start payments of benefits more quickly following a disability claim. Premiums also tend to be higher for policies that define disability in broader terms, meaning the policy would pay benefits in a wider variety of circumstances. Premiums and available benefits for individual coverage vary considerably between companies, occupations, states and countries.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_heading-efd88492823ecb002cb84b4227694839\">\n#top .av-special-heading.av-av_heading-efd88492823ecb002cb84b4227694839{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-av_heading-efd88492823ecb002cb84b4227694839 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-av_heading-efd88492823ecb002cb84b4227694839 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-av_heading-efd88492823ecb002cb84b4227694839 av-special-heading-h3  avia-builder-el-11  el_after_av_textblock  el_before_av_textblock '><h3 class='av-special-heading-tag'  itemprop=\"headline\"  > \u2022 Key Person Disability<\/h3><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div><br \/>\n<section  class='av_textblock_section av-av_textblock-0366cc7376be6c9e82a3e9cc8987b64f'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><p>Key Person Disability Insurance provides benefits to protect a company from financial hardship that may result from the loss of a key employee due to disability. The company can use the benefits when an insured key-person becomes disabled to hire a temporary employee in the event the disabled employee&#8217;s disability appear to be short-term. If the key-person has a permanent disability, benefits are used to help cover some of costs related to hiring a replacement, including recruitment, training, startup, loss in revenue and unfunded salary continuation costs.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_hr-0688d0b0b6ed2f8b057db7a8270206df\">\n#top .hr.hr-invisible.av-av_hr-0688d0b0b6ed2f8b057db7a8270206df{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-av_hr-0688d0b0b6ed2f8b057db7a8270206df hr-invisible  avia-builder-el-13  el_after_av_textblock  el_before_av_heading '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_heading-6090ba1ce6e16202d4eac5616f6f8fc0\">\n#top .av-special-heading.av-av_heading-6090ba1ce6e16202d4eac5616f6f8fc0{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-av_heading-6090ba1ce6e16202d4eac5616f6f8fc0 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-av_heading-6090ba1ce6e16202d4eac5616f6f8fc0 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-av_heading-6090ba1ce6e16202d4eac5616f6f8fc0 av-special-heading-h3  avia-builder-el-14  el_after_av_hr  el_before_av_textblock '><h3 class='av-special-heading-tag'  itemprop=\"headline\"  > \u2022 Business Overhead Expense Disability Insurance<\/h3><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div><br \/>\n<section  class='av_textblock_section av-av_textblock-0366cc7376be6c9e82a3e9cc8987b64f'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><p>Business Overhead Expense (BOE) coverage reimburses a business for overhead expenses should the owner experience a disability. Eligible benefits include: rent or mortgage payments, utilities, leasing costs, laundry\/maintenance, accounting\/billing and collection service fees, business insurance premiums, employee salaries, employee benefits, property tax, and other regular monthly expenses.<\/p>\n<\/div><\/section><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_two_fifth-2a64de42b738552fe666ca889af77e28\">\n.flex_column.av-av_two_fifth-2a64de42b738552fe666ca889af77e28{\n-webkit-border-radius:0px 0px 0px 0px;\n-moz-border-radius:0px 0px 0px 0px;\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div class='flex_column av-av_two_fifth-2a64de42b738552fe666ca889af77e28 av_two_fifth  avia-builder-el-16  el_after_av_three_fifth  avia-builder-el-last  flex_column_div av-zero-column-padding '     ><p>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_hr-0688d0b0b6ed2f8b057db7a8270206df\">\n#top .hr.hr-invisible.av-av_hr-0688d0b0b6ed2f8b057db7a8270206df{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-av_hr-0688d0b0b6ed2f8b057db7a8270206df hr-invisible  avia-builder-el-17  el_before_av_image  avia-builder-el-first '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_image-40eddadc179d7c7282615c48410d4941\">\n.avia-image-container.av-av_image-40eddadc179d7c7282615c48410d4941 img.avia_image{\nbox-shadow:none;\n}\n.avia-image-container.av-av_image-40eddadc179d7c7282615c48410d4941 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-av_image-40eddadc179d7c7282615c48410d4941 av-styling- avia_animated_image av-animated-when-visible-95 left-to-right avia-align-center  avia-builder-el-18  el_after_av_hr  el_before_av_hr '   itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-3644 avia-img-lazy-loading-not-3644 avia_image ' src=\"https:\/\/mnjinsurance.com\/wp-content\/uploads\/MNJinsurance_Disability_11-495x400.jpg\" alt='' title='Woman in pain at the doctor for a neck injury'  height=\"400\" width=\"495\"  itemprop=\"thumbnailUrl\"  \/><\/div><\/div><\/div><br \/>\n<div  class='hr av-av_hr-bad5bc90bcef2f12297bff634a297b07 hr-short  avia-builder-el-19  el_after_av_image  el_before_av_image  hr-center'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_image-84e426b803b55081a5ebe4e41b1bda8b\">\n.avia-image-container.av-av_image-84e426b803b55081a5ebe4e41b1bda8b img.avia_image{\nbox-shadow:none;\n}\n.avia-image-container.av-av_image-84e426b803b55081a5ebe4e41b1bda8b .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-av_image-84e426b803b55081a5ebe4e41b1bda8b av-styling- avia_animated_image av-animated-when-visible-95 right-to-left avia-align-center  avia-builder-el-20  el_after_av_hr  el_before_av_hr '   itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-3640 avia-img-lazy-loading-not-3640 avia_image ' src=\"https:\/\/mnjinsurance.com\/wp-content\/uploads\/MNJinsurance_Disability_08-495x400.jpg\" alt='Businessman in a Wheelchair | MNJ Insurance Solutions' title='Businessman in a Wheelchair | MNJ Insurance Solutions'  height=\"400\" width=\"495\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/mnjinsurance.com\/wp-content\/uploads\/MNJinsurance_Disability_08-495x400.jpg 495w, https:\/\/mnjinsurance.com\/wp-content\/uploads\/MNJinsurance_Disability_08-845x684.jpg 845w\" sizes=\"(max-width: 495px) 100vw, 495px\" \/><\/div><\/div><\/div><br \/>\n<div  class='hr av-av_hr-bad5bc90bcef2f12297bff634a297b07 hr-short  avia-builder-el-21  el_after_av_image  el_before_av_image  hr-center'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_image-69b2b1839da7287a5ce92c138323ad5f\">\n.avia-image-container.av-av_image-69b2b1839da7287a5ce92c138323ad5f img.avia_image{\nbox-shadow:none;\n}\n.avia-image-container.av-av_image-69b2b1839da7287a5ce92c138323ad5f .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-av_image-69b2b1839da7287a5ce92c138323ad5f av-styling- avia_animated_image av-animated-when-visible-95 bottom-to-top avia-align-center  avia-builder-el-22  el_after_av_hr  avia-builder-el-last '   itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-3641 avia-img-lazy-loading-not-3641 avia_image ' src=\"https:\/\/mnjinsurance.com\/wp-content\/uploads\/MNJinsurance_Disability_09-495x400.jpg\" alt='' title='MNJinsurance_Disability_09'  height=\"400\" width=\"495\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/mnjinsurance.com\/wp-content\/uploads\/MNJinsurance_Disability_09-495x400.jpg 495w, https:\/\/mnjinsurance.com\/wp-content\/uploads\/MNJinsurance_Disability_09-845x684.jpg 845w\" sizes=\"(max-width: 495px) 100vw, 495px\" \/><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"Disability Insurance &amp; Income Protection Like most people, you may have a number of monthly, ongoing financial obligations you\u2019re responsible for, such as a mortgage or rent, car payments, credit card debt, and everyday expenses. If you become disabled, you will still need to fulfill your financial commitments and provide for your loved ones. Some&hellip;","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":29,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/mnjinsurance.com\/wp-json\/wp\/v2\/pages\/3443"}],"collection":[{"href":"https:\/\/mnjinsurance.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mnjinsurance.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mnjinsurance.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mnjinsurance.com\/wp-json\/wp\/v2\/comments?post=3443"}],"version-history":[{"count":0,"href":"https:\/\/mnjinsurance.com\/wp-json\/wp\/v2\/pages\/3443\/revisions"}],"wp:attachment":[{"href":"https:\/\/mnjinsurance.com\/wp-json\/wp\/v2\/media?parent=3443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}