Your Plumber Income Matters
Professional, trained, licensed plumbers are in high demand in commercial, residential and even industrial settings. With the right training and the right position, you’ll earn somewhere between $26,000 and $84,000 per year.
From that income, you need to maintain your licensure, invest in ongoing training in some cases, and also pay for your family’s financial obligations – your home loan, auto loans, children’s tuition, and the like. You may also have business-related costs if you own your own plumbing company. However, if you’re forced to be out of work due to an injury or illness, your financial future could be in danger. Investing in plumber disability insurance is a wise decision.
Who Needs Disability Insurance
Disability insurance is an important asset to have in your life, regardless of your profession or income size. However, having plumber disability insurance is that much more important if:
- You’re the breadwinner of the family
- You have a debt to pay off
- Your employer doesn’t provide any or provides only limited coverage
- You are a self-employed plumber
Getting plumber disability insurance can help you offset some of the risks your job carries. It will protect your financial stability and give you a source of income if you’re unable to produce one yourself.
Disability Can Strike Anyone
If you’re young and healthy, chances are good that you think disability is not your worry. That’s not correct. Disability can strike anyone, at any age, and in any physical condition. Medical conditions like heart disease, diabetes, and cancer aren’t related to those of a specific age, and physical injuries can occur doing the simplest of household chores. Plumber disability insurance helps make sure that if you are disabled, it does not spell financial ruin for your family.
Your Job Affects Your Rates
As a plumber, your most valuable asset is your arms. If you injure any of them at any part you won’t be able to keep working and producing a profit. This is a concerning fact considering more than half of the broken bones in adults in the US happen to arms. You have to be prepared and protect your income and this can be done only through disability insurance.
Additionally, as a plumber, your job carries risks other jobs may not. You’re handling tough materials all the time which just adds to the risk of you being injured. This is not something to take lightly. Get plumber disability insurance today and protect your finances.
It’s tempting to think that you’ll be protected in the case of a disability. After all, you already pay for health insurance, plus a number of other types of insurance. Sadly, disability coverage is usually not included in these, and you likely don’t have it through the workplace, either. That leaves you completely unprotected if the worst should happen.
Plumber disability insurance ensures that should you be disabled and out of work for a period of time, you have a stream of income to meet your financial obligations. It’s generally a percentage of your monthly income and can provide not just peace of mind, but financial security in a trying time.
You Need Help Finding the Right Insurer
The real issue here is finding the right disability insurance for your specific needs. Insurance companies are far from identical, and disability policies can vary wildly. You need to make an accurate comparison of your options before buying a policy.
That’s where we come in. We have years of experience in helping professionals like you find the protection they need for peace of mind and security. We give you the ability to compare disability insurance rates from top-ranked insurers in the US and make an informed decision regarding your family’s financial protection.
How Disability Insurance Policy Premiums Are Calculated
Every insurance company ranks the factors to determine the cost of a policy – age, gender, income, the health of the individual, location, and specialty. Each factor has specific criteria and formulas that determine the overall cost of the occupational disability insurance, so before you settle for a certain insurance policy, check with all providers to make sure you chose the right one.
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, so 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. 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.
We Will Guide You
In one survey, 45% of people who have individual disability insurance didn’t know what their policy’s definition of disability is. More than one half of them didn’t know what percentage of their salary they would receive if they were injured and almost two-thirds of participants had postponed buying coverage so they could further study their options.
Our goal is to ensure that you’re able to make an informed decision and obtain the disability insurance you need for peace of mind. We will work with you to make sure you are involved in every step of the process and understand everything about your disability insurance policy before signing your name on the dotted line.
If you’re ready to get the protection you need, call us today. Dial 1-877-221-6198 or use the form on the right of this page to contact us.