Why Judge Disability Insurance?
As a judge, you’re tasked with rendering verdicts and reaching judgments in cases ranging from civil to criminal. You also likely earn between $69,000 and $156,000 per year for your efforts. However, even a short period of disability in which you are unable to work could have negative repercussions. You could find yourself spending your savings, and even falling behind. Judge disability insurance helps to protect your family’s financial future.
Regular Costs Won’t Subside If You’re Disabled
Even if you’re unable to go to work, you’ll need to pay for your rent or your house payments, you’ll have to pay for your vehicles as well as for your utilities and all other costs. In addition, you may also have license requirements, ongoing training, or even business-related costs.
Any lapse in income could mean meeting those obligations is difficult or even impossible. However, judge disability insurance can help to offset those challenges.
How It Works
Not sure how judge disability insurance works? That’s understandable. While the concept is relatively simple, the execution on the part of various insurers is not so simple. The basic purpose of disability insurance is this – if you find yourself out of work due to a qualifying condition, your disability insurance policy will kick in and provide you with a percentage of your average monthly income. That money is yours to use for whatever you might need, from catching up on bills to replacing depleted savings.
Benefiting from Disability Insurance
It’s important to understand the important role that disability insurance plays – it’s designed to provide you with financial coverage should you find yourself out of work due to an injury or illness, and unable to pay your bills.
When you different judge disability insurance quotes, you have the chance to determine which policy is the best for your needs. Do you really need judge disability insurance, though? Actually, you do. Too many Americans realize that after the fact, and find themselves with no way to protect their income.
Disability – Understanding Your Chances
When most people think of disabilities, they imagine physical injuries that cause damage that lasts for a very long time. While that is one definition, the fact is that most disabilities are not related to injuries. They’re actually related to medical conditions. Cancer, diabetes, heart disease, and arthritis are a few examples, but there are plenty of others. These conditions can affect anyone, of any age, background, income level, or education level. There’s little you can do to prevent them, but judge disability insurance can limit their impact on your life.
What We Do For You
We can help you find the coverage you need to ensure your financial stability and peace of mind. With our help, you can:
- Review rates from the leading providers of individual disability insurance from the US
- We quote all the major disability insurance carriers, so you’ll have many quotes to compare to ensure that you’re getting the best possible coverage, at a rate that’s right for you.
- We’ll help you learn more about the disability insurance options available to protect your income to ensure that you get the peace of mind and financial stability that you deserve.
How Much Disability Coverage Do You Need?
To find out how much coverage your disability insurance should provide, you should first determine the amount of money you need to go through one month. Your monthly could include your mortgage payments, utility costs, education costs, food, and the likes. Ask yourself how much money you would need at a minimum if you stopped getting a paycheck from tomorrow and write that amount down.
Next, think of your monthly income sources. Does your spouse work? Will they be able to pick up the slack if you weren’t able to bring in finances? Add up any other sources of income and from the total amount of income you have, subtract the expenses. The difference between the two should be the amount that your disability insurance policy will provide.
Why You Need To Compare Disability Insurance Quotes
The challenge here is finding the right insurer. Each insurer can have different definitions of what a disability is, different coverage areas, and more. 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 the reputation of the insurer, the definition of disability the insurer follows, and more.
We can help you navigate this complicated area and find the ideal judge disability insurance policy for your needs and that of your family. Our sole goal is to ensure that you can protect your family’s financial stability with the right insurance product.
Who Needs Disability Insurance?
The reality is that not everyone needs disability insurance. However, disability insurance is a necessity for some groups of people that work a specialty or manual labor.
If you work a specialized profession, you need disability insurance to protect all the years you’ve spent mastering your profession. On the other hand, working manual labor professions carry a higher likelihood of injuries, especially long-term ones, so disability insurance is needed to protect yourself from potential injuries.
Look for Unisex Rates
In general, women pay higher disability insurance rates than men. This is because women are more likely than men to develop a disability that prevents them from being able to work full time.
Women have also reported that experiencing a disability would be “somewhat devastating” to their family’s finances. Many have also said that they worry that their cash reserves would last less than a month if they couldn’t work. This only highlights the importance of having disability insurance, but it’s also important to find an insurer that will offer unisex rates and not discriminate against you. That’s what we’re here to do.
Let us help you find the judge disability insurance that fits your financial needs and lifestyle habits. Call us today at 1-877-221-6198 or use the form on this page to contact us.