Auctioneer Disability Insurance
Auctioneers enjoy a wide variety of career options, from livestock sales to high-end auctions with companies like Sotheby’s and similar firms. As an auctioneer, you can earn between $24,000 per year and $110,000 per year, depending on your experience and your career trajectory. Protecting that income is important. Your annual salary plays a central role in meeting your ongoing financial obligations. Those include things like your mortgage payment and auto loan payments, as well as other bills like utilities, gas and groceries, and possibly education costs for your children. How will you meet those obligations if you are disabled and not able to work? If you find yourself in that situation, auctioneer disability insurance can help.
Why You Need Disability Insurance
Did you know that most injuries happen outside of the workplace, not in it? This means that workers’ compensation doesn’t cover costs arising from these injuries, and health insurance gives you only limited coverage for your medical expenses. But what happens with your regular income? Without it, how will you cover your monthly costs?
According to a study by the American Psychological Association, almost 75% of Americans are experiencing financial stress at least some of the time, and nearly a quarter of us are feeling extreme financial stress. Moreover, money is the leading cause of stress in a relationship, which shows the importance of having a stable income and safe finances at all times. Losing your valuable income can not only put a strain on your finances but also on your family relationships.
These statistics show how important it is to protect your income at all times, and auctioneer disability insurance can help you do that.
The Case for Disability Insurance
The risk that you will experience a disability before reaching retirement is significant. One in three Americans will experience some sort of disability before retiring, and if you are near the age of 40, you have a 21% chance of experiencing a disability that lasts at least three weeks.
What’s more, your risk only goes up. Medical conditions like heart disease and cancer have become the most common reasons for disability, and they can affect anyone, of any age, at any time. How do you protect your income against odds like that? The answer is auctioneer disability insurance.
Don’t I Have Insurance?
You probably think that you already have disability insurance through your work. However, the chances are good that you don’t have any income coverage from an existing insurance policy you currently own. You could be injured at home doing routine yard work, or on the way to work. You could suffer from an illness like cancer and find yourself unable to work. Where would you turn for financial relief in those situations?
Your worker’s compensation, health insurance, and auto insurance will only provide limited coverage for your medical costs, but what you will need then is a replacement for your lost income. This can be provided only through disability insurance.
How It Works and Choosing Your Solution
Auctioneer disability insurance is pretty simple to understand. Your policy will pay out when you experience a qualifying disability and miss a minimum amount of work because of it. Your insurer will pay your benefit based on your annual income, and you can use that money to meet your financial needs.
Of course, you do need to make an informed decision here. Your choice of insurer and insurance plan matter a great deal. We can help you compare quotes from leading US insurers and find the right mix of affordability and coverage to meet your specific situation, budget, and goals.
How Your Rates Are Calculated
Insurance companies group occupations into specific classes based on documented risk for a particular job. These classes look at the hazards of your job and the difficulty returning to work following a long or short-term disability.
Every insurance company ranks the factors to determine the cost of a policy – age, gender, income, the health of the individual, location, and specialty. These factors are analyzed carefully to determine the overall cost of occupational disability insurance. There are many insurance providers offering auctioneer disability insurance, so before you settle for a particular insurance policy, check with all providers to make sure you chose the right one.
Look for Unisex Rates
Because women are more prone to develop a disability, they pay higher disability insurance premiums than those men pay. Add the fact that the most common disabilities in women are rheumatism and arthritis, followed by cancer, heart disease, mental health, and diabetes, and it becomes apparent why getting your disability insurance is necessary.
It is also important to find a provider that will offer unisex rates fit for your financial needs and life circumstances. We are here to help you do exactly that. We look through hundreds of insurance providers to find an auctioneer disability insurance policy that best suits your needs and your lifestyle. We have years of experience in this area and skilled professionals working tirelessly, so we can quickly help you find the coverage you need to ensure your financial stability and peace of mind.
We Help You Make the Right Choice
Finding the right insurance provider can be difficult. This is particularly true if you have never bought auctioneer disability insurance before. You need to make an informed decision regarding the policy and coverage terms available to you, but how do you do that?
We’ll help you compare different disability insurance quotes, coverage areas, coverage amounts, insurance providers, and more. We have years of experience working with professionals just like you and we want to ensure that you’re able to enjoy the protection and peace of mind that you deserve. We work with leading insurance companies that you know and trust and provide you with expert guidance throughout every step of the process.
Ready to protect your financial future? Call us today at 1-877-221-6198 or use the form to the right of this page to request a free quote.