Individual Disability Income Insurance
You are 6 times more likely to use Individual Income Insurance than Life Insurance during your working life.
This coverage is designed to provide income during a period of extended disability. It is crucial to replace as much of a breadwinners usual compensation as possible to maintain lifestyle and handle financial obligations. Once triggered and the criteria met it will pay out up to the age of 67, although shorter periods can be bought, some as short as 24 months.
There are other types of disability contracts specifiacally designed for the businessperson, such as business overhead expense, key person disability and disability buyout.
An important coverage that JWA can structure to suit every budget.