Income Replacement
Your Paycheck Protection Plan
Safeguard your family's lifestyle if the unexpected happens
Your Income is Your Most Valuable Asset
Think about it: A 35-year-old earning $75,000 annually will earn over $3 million before retirement. Your ability to earn an income is likely your family's most valuable financial asset, yet it's often the least protected.
Income replacement insurance ensures that if you can't work due to illness, injury, or death, your family can maintain their standard of living, keep their home, and pursue their dreams. It's not just insurance—it's peace of mind.
The Sobering Statistics
20-year-olds will become disabled before retirement
of disabilities are caused by illness, not accidents
of mortgage foreclosures are due to disability
"Most people insure their cars, homes, and phones, but forget to insure the income that pays for all of it. Don't let your family become a statistic."
Comprehensive Income Protection Solutions
Short-Term Disability Insurance
Coverage Details:
- •Replaces 60-70% of your income
- •Benefits typically last 3-6 months
- •Waiting period: 0-14 days
Ideal For:
- ✓Recovery from surgery or injury
- ✓Pregnancy and maternity leave
- ✓Temporary medical conditions
Long-Term Disability Insurance
Coverage Details:
- •Replaces 50-70% of your income
- •Benefits can last years or until retirement
- •Waiting period: 90-180 days
Ideal For:
- ✓Chronic illnesses (cancer, heart disease)
- ✓Severe injuries or accidents
- ✓Mental health conditions
Life Insurance with Living Benefits
Coverage Details:
- •Access up to 90% of death benefit while living
- •Covers critical, chronic, and terminal illness
- •Tax-free benefit payments
Ideal For:
- ✓Comprehensive family protection
- ✓Estate planning and wealth transfer
- ✓Business owners and key employees
Critical Illness Insurance
Coverage Details:
- •Lump-sum payment upon diagnosis
- •Covers major illnesses (cancer, heart attack, stroke)
- •Use funds for any purpose
Ideal For:
- ✓Covering medical deductibles and co-pays
- ✓Experimental treatments not covered by insurance
- ✓Maintaining lifestyle during recovery
How Much Income Protection Do You Need?
Quick Calculation Guide
Most financial experts recommend replacing 60-80% of your after-tax income
Monthly Expenses to Cover:
- • Mortgage/Rent$_____
- • Utilities & Insurance$_____
- • Food & Groceries$_____
- • Transportation$_____
- • Healthcare & Medicine$_____
- • Debt Payments$_____
- • Children's Expenses$_____
Rule of Thumb:
Annual Income: $75,000
Monthly Take-Home: ~$4,500
Recommended Coverage: $2,700-$3,600/month
This ensures you can maintain your lifestyle while focusing on recovery, not finances.
Why Income Replacement is Essential
Protect Your Home
Keep your mortgage paid and your family in their home during difficult times
Family Stability
Ensure your children can stay in their schools and maintain their activities
Focus on Recovery
Concentrate on getting better without the stress of financial worries
Avoid Debt
Prevent reliance on credit cards or loans during income disruption
Preserve Savings
Protect your retirement and college funds from being depleted
Peace of Mind
Sleep better knowing your family is protected no matter what happens
Don't Wait Until It's Too Late
Once you're sick or injured, it's too late to get coverage. Protect your income while you're healthy and eligible for the best rates.