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Protecting Your Income

with Personal Paycheck Power Disability Income Insurance


 Disability Income Insurance Protects Your Paycheck

Your income is one of your most valuable assets. It allows you to maintain your standard of living, pay bills, save for the future and enjoy life’s simple pleasures. In short, your income provides the foundation for life as you know it. Your everyday life and future plans could quickly be affected should you experience a total disability due to illness or injury and are unable to work. Disability income insurance (DI) can help. It provides a monthly benefit you can use to pay your basic expenses in the event of a Total Disability.

What Does Total Disability Mean?

1. During the first 24 months, your inability to perform the substantial and material duties of your occupation and you are not engaged in any other occupation for wage or profit.

2. After 24 months, your inability to perform the substantial and material duties of any occupation for wage or profit in which you might expect to be engaged, with due regard to your education, training, experience and you are not engaged in any occupation for wage or profit.

 Is Your Income Protected?

An income-interrupting disability can be a serious event that requires careful advance planning. Many assume there is already a fallback plan to protect their income, but discover that not to be the case – oftentimes when it’s too late.

 Answering these 3 questions can help your agent design the right DI plan for you:

1. How much do you need to cover your basic monthly expenses?

Disability benefits are designed to help replace a portion of the income you would earn while working. The benefit amount is determined individually subject to underwriting at the time of your application for insurance and policy issue.

2. How long do you need DI benefits to last?

 That’s your benefit period.

3. How long can you go without a paycheck?

That’s your elimination period.


How DI Can Work for You

Which Job Would You Choose?

Jake, 45, has the opportunity to choose between two jobs with slightly different monthly incomes.

The only difference between these two jobs is $50.48* per month, which is the premium amount Jake would pay for Personal Paycheck Power DI from Illinois Mutual for a $2,000 per month benefit for up to 2 years with a 30-day elimination period. Without DI coverage, Jake likely would have to rely on savings if he were to become Totally Disabled**. With DI coverage, Jake has a plan in place to help protect his family should the unexpected happen.

For illustration purposes only. Actual benefits and premium rates are determined individually and are subject to underwriting results. Benefit amounts vary based on income level, benefit period and selections, and existing coverage(s). Age, health,occupation, and gender can impact premium rates. Availability of some features and options may vary by state, benefit period and occupation class. Example above based on male, occupation class 5, IL rates, non-tobacco user, no health concerns, standard height and weight. See policy for complete definition of Total Disability.