The Case For Architect Disability Insurance
As an architect, you work with clients to bring their vision to life, whether that’s the design of a new home, a new office building, or a new civic building. In return, you earn an income that falls between $39,000 and $94,000 per year. Out of that income, you’ll need to meet your ongoing financial obligations. You have the usual – mortgage payments, car payments, utility bills, and the like.
You probably also have student debt, and you may be paying for your children’s tuition, too. In many cases, you probably have business-related costs, too. Comparing architect disability insurance quotes ensures that you’re able to purchase the insurance policy needed to protect your ability to meet those obligations.
Why Architect Disability Insurance?
Why do you need disability insurance? As an architect, you don’t work in a particularly dangerous environment. You could still be injured in an accident, though – just walking down your own front steps, or mowing your own lawn can be dangerous. There’s also the fact that medical conditions like cancer, heart disease, and diabetes can strike anyone, at any time. Comparing different architect disability insurance quotes now allows you to purchase an insurance policy that will protect you in the event of an accidental injury or illness.
How It All Works
Not sure how disability insurance protects your financial standing? It’s simple. If you’re forced to miss work due to a qualifying disability, then your insurer will pay you based on your average annual salary. You use that money to meet your financial obligations. That’s all there is to it.
Of course, it’s important that you compare disability insurance quotes, but also coverage options, maximum and minimum benefit percentages, exclusions, and other elements before buying a policy. We can help here. We have years of experience in helping professionals like you find the protection needed. We can provide you with quotes from leading US insurance companies, and even offer advice and guidance to help you move forward.
Own Occupation and Any Occupations
Remember how many years you’ve spent to become an architect? Imagine after all those years studying and working hard to gain your skill, you become unable to perform your work tasks. This would be devastating not only emotionally, but also financially.
However, this can be prevented by purchasing own occupation or all occupation disability insurance policy. Own occupation disability insurance policy will provide you with monthly
benefits in case your disability prevents you from doing tasks in your medical field. On the other hand, any occupation insurance policies will pay out benefits in case you are unable to perform any job, not only your own.
Take Your Disability Insurance With You
One of the advantages of individual disability insurance is that it doesn’t depend on your employer. Even if you switch companies, you will still have your architect disability insurance, which is not the case with some other types of insurance policies. With them, once you stop being an employee, you lose your insurance.
That’s why you need to make sure you’ve chosen the right insurer that offers the best conditions fit for your unique needs. That requires an in-depth comparison of several disability insurance providers, something that most people find difficult to do. We can help you do that.
The Need to Compare Options
When you have disability insurance and experience a qualifying disability, your insurer will pay you based on your average annual income. That money is yours to spend as you need. However, it’s important that you compare architect disability insurance quotes to make an informed decision about the policy you purchase.
You need to compare many things when purchasing disability insurance. The cost of the policy is one of those, but you also need to consider others, such as the reputation of the insurer, the definition of disability the insurer follows, and more.
Buy a Disability Insurance Policy While You’re Young
Every day that passes means that the premiums you would need to pay for your disability insurance increase. This is because the cost of your insurance policy depends on the risk of a disability happening to you. One of the primary factors that contribute to being marked as a higher risk person is your age. You can save money in the long-term by purchasing coverage as early as possible. Each year you age is more money you’ll be paying out each month in premiums.
Look for Unisex Rates
Statistics show that women are more prone to developing a disability that will prevent them from working full time. The most common disabilities women experience rheumatism and arthritis, but the more serious ones are cancer, heart disease, mental health, and diabetes. As a result, the premiums calculated for women’s disability insurance policies are higher than those for men.
According to a study, women have stated that experiencing a disability would be “somewhat devastating” to their family’s finances. Many also said they worry that their cash reserves would last less than a month if they couldn’t work. This shows the importance of disability insurance and how it can help with a family’s finances.
Finding Architect Disability Insurance
It’s not easy to choose the most suitable disability insurance policy that will protect your income should you become disabled by illness or injuries. Insurance companies offer different versions of architect disability insurance that they consider would be most attractive to their target consumers. We can help you find the coverage you need to ensure your financial stability and peace of mind.
With our assistance, you can compare quotes and coverage options from top-ranked insurers across the United States. When you turn to us for help with your disability insurance, we make sure to include you in every step of the process. We work with you so you can understand not just the insurer options, but also your options in coverage terms and other considerations.
We give you the ability to compare architect disability insurance quotes from leading insurers in the US and to make an informed decision based on factual information. We invite you to call us today at 1-877-221-6198 or by using the form on the right side of this page.
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