Postal workers have an important role in our society. If you’re one of them, you know that you have many responsibilities in your work that are critical for maintaining the everyday life of people. But, as a postal worker, you also have the responsibility of paying your regular living expenses and to protect your ability to do that, you will need a postal worker disability insurance.
Postal Worker Disability Insurance
As a postal worker in the United States, you play a critical role in our national communications network. You wear many hats as well, far more than postal workers of yesteryear, thanks to new developments like the delivery company to USPS delivery. The income you earn plays a central role in your family’s financial stability, as well.
Chances are good you earn between $29,000 and $57,000 per year – that money goes toward your mortgage payment, your children’s tuition, your utility bills, and more. What would you do if you were forced to be out of work due to a disability, though? Postal worker disability insurance can help alleviate those worries. Postal worker disability insurance is designed to replace a portion of your income in case you’re unable to work due to an illness or an injury.
Why Do You Need Disability Insurance?
Why should you consider postal worker disability insurance? Simply put, no one is exempt from the risk of a disabling injury or illness. Heart disease, arthritis, stroke, back injuries, and cancer are the leading causes of disabilities in the US, but there are many others. There is no way to prevent these from occurring, but you can prevent them from having a negative impact on your family and your ability to meet your financial obligations. Postal worker disability insurance provides you with the means to protect your income.
Other Insurance Won’t Protect Your Lost Income
We are all at a significant risk of suffering a disability. The problem is that worker’s compensation doesn’t give you the protection you need if your injury happens outside of your workplace. In fact, according to the Council for Disability Awareness, 90% of the disabilities in America happen because of an illness, not an accident at work, so often times workers’ compensation is not a good enough safety measure to protect your income.
So when the worst happens, you have no recourse to replace your lost income. Health insurance, life insurance, auto insurance – none of these will help replace your income either, leaving your finances at a major risk.
How Does Disability Insurance Work?
In concept, disability insurance is pretty simple. If you are disabled and out for work due to a qualifying condition, then your insurer will begin paying you a percentage of your average monthly income. That money can be used for whatever you need, whether that’s paying your mortgage payment or buying groceries. Of course, each insurance company differs – you’ll find that the very definition of what constitutes a disability can change from insurer to insurer.
How Disability Insurance Rates Are Formed
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.
Insurance companies typically classify professional occupations on a scale of 1 to 6 and many use the letter M to designate medical professions. Typically, the higher the numerical value of the classification, the lower the premium rate will be.
When you review disability insurance policies, it’s important to understand what medical specialty you are being classified as. The difference in rates can be substantial if you’re not classified appropriately, so make sure you understand how and where your job is classified.
What We Can Do For You
When you need help with your postal worker disability insurance, you can contact us and get all the answers you need. We work with professionals that have years of experience in this area so we can quickly help you find the coverage you need to ensure your financial stability. We offer you:
- Rates from some of the leading providers of individual disability insurance.
- Quotes from all major insurers in the US that currently offer insurance products in your specific geographic area.
- Assistance with your disability insurance and information on how it can benefit you in the event that you’re injured and unable to work.
Will You Suffer a Disability?
Few of us are honest enough with ourselves to really admit the true likelihood that we’ll experience a disability. However, statistics show that 1 in 8 workers will be disabled for 5 years or more during their careers, and the probability of experiencing a disability grows with age. So, someone who is around the age of 40 right now, has a 21% chance of suffering through a minimum three-week disability by the time they turn 65. That applies across the board, regardless of your health and wellness, medical history, family history, and other factors. This is a percentage you shouldn’t be gambling with.
Buy a Disability Insurance Policy While You’re Young
Disability insurance policies are priced based on the risk of you filing an insurance claim. The higher your risk for filing a claim, the more you’ll pay and one of the primary factors that contribute to being considered at a higher risk is age.
Statistics show that the older you are the bigger the chance is to become disabled so you can save money in the long-term by purchasing coverage today. Each year you age is more money you’ll be paying out each month or year in premiums.
Why Choose Us
Our role in this process is simple – we provide you with the means to compare your options for postal worker disability insurance. You can compare rates, disability definitions, coverage amounts and areas, and more, all at a glance. It’s never been simpler to make an informed decision regarding your protection.
Call us today at 1-877-221-6198 to learn more, or use the contact form on this page.