In the case of a crippling accident or disease, Disability Insurance is designed to reimburse lost wages. Varying policies have different terms, but nearly all demand a waiting time before receiving disability payments and reimbursement for a per-determined proportion of your income, usually 45 percent to 60%. Long Term Disability (LTD) and Short Term Disability (STD) are the two broad classifications (STD). Premiums and waiting periods will differ between the two types along the lines of short and long term.

Many people ignore disability insurance because they don’t consider it or assume that their employer’s benefits or Social Security will cover their needs. However, the demand for disability insurance outweighs the requirement for life insurance, at least when comparing the likelihood of becoming incapacitated for an extended period to dying prematurely. According to the American Council of Life Insurers, a 35-year-old is six times more likely to become crippled than to die before reaching the age of 65. Employer plans vary, and they may not cover as much of your income as you need to keep your family afloat. The same may be said for Social Security. Another area where employer plans or Social Security may fall short of your protection needs is the Benefit Period or the period over which benefits are paid. Some insurance only covers you for two years.

Finally, it’s important to consider the definition of disability, which differs depending on the policy. For example, Social Security defines disability as the incapacity to work rather than the inability to execute your existing job or manage your business.

What Are the Consequences of Your Disabilities?

It may be impossible for you to work if you are unwell or injured. As a result, you may be compelled to shut down or scale back operations at your small firm. As a result, your inability to work as a result of a disability may result in financial hardship.

Disability insurance compensates you for the time you are unable to work. Short-term disability coverage is usually for injuries or diseases that are temporary and may be recovered from. Long-term disability coverage, on the other hand, covers accidents and diseases that linger for months, years, or even permanently.

Small Business Disability Insurance

When it comes to disability insurance for your business, you have two alternatives.

The first is group disability insurance, which allows you to pay for a single policy for a group of people. You can buy a group disability policy for your staff, for example. Typically, all employees are covered by a single plan, with each paying a portion of the premium. Part of the premium may be covered by the employer.

You Should Have Disability Insurance

You’ve put in a lot of effort to build your company and get it to where it is now. Don’t leave the fate of your company to change in the event of an accident. With a disability policy, you can protect yourself, your employees, and your company. To learn more about your possibilities.


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Just wanted to say, finding Ray Molina was a God send. I was referred to Ray Molina from another representative who was helping me try putting together the pieces of a huge puzzle to help my aging mom and aunt get the best medical care and coverage out there. This was the hardest year for me. Finding someone who really cares and can help guide you in the right direction is a miracle. Ray Molina’s knowledge and sincere ability to direct you to all the different areas in the medical insurance industry has been incredible to say the least. He follows up and takes the stress and anxiety away from trying to make sense of the system. He always finds the answers and if he does not know he will do the necessary research. He follows up with you and leads you in the right direction. Taking care of two elderly women who have so many health issues is very overwhelming to say the least, having Ray by my side has taken so much of the burden off my shoulders. I could not have made it without him. He knows where I was coming from. Having elderly parents himself who need his care and guidance put him in a position to excel in this industry. I have the greatest respect for you Ray, and I can only say Thank you from the bottom of my heart. God Bless you. A true professional with a big heart.
I wanted to thank Ray Molina for the great work he did for me. Ray helped me work with and understand the process of applying for Medicaid and short- and long-term homecare. Ray also enrolled me in a great Medicare plan that provided many needed benefits. Ray was always available during this four-month process. I am very grateful for his help, patience, and thorough understanding of the health system. I would recommend Ray to anyone in need of insurance plans and services
I was very happy with the insurance work Ray Molina did for my husband and me. You were very accommodating and knowledgeable. Your expertise in this area was greatly appreciated. Most appreciated was your help in getting us to the right people for my husband’s short term home needs. This process was very confusing and difficult. Having you on our side made a big difference. We will recommend you to anyone who needs similar services. Thank you
My partner and I had very little knowledge about the different types of insurances but knew that it would be responsible of us to at least explore the available options. Ray is the most patient broker we have ever met. No question was too simple, and no length of time was too long for Ray to guide us through the process of what was best for us. Ray even went above and beyond the purpose of our business to find us someone to file our complicated taxes and provided us with recommendations on personal financing/budgeting. We highly recommend Ray not only because he is patient, but because he is knowledgeable about his field and sincerely honest.
I would like to start by saying Thank You Ray. Mission accomplished! It seems what I anticipated taking me weeks or maybe a month or two you did in days. Having a full-time family with young children and two very senior parents who still bank with a paper bank book is no small feat. My parents were not in the correct Medicare plan, and it was negatively affecting them financially. I knew I had act on their behalf and transition into a plan better suited for them. I quickly became overwhelmed and stressed. My brother recommended I call Ray Molina who was referred by a friend. I explained my situation and he quickly related to my dilemma having elderly parents himself. He requested a list of basic information to get started and within a few follow up calls and emails he was able navigate through the systems and networks and produce a positive Medicare plan viable for my parent’s needs. They went from negative to positive like the Notorious B.I.G. (Juicy) song lyric. Picture Ray as a Master Carpenter and you provide him the wood, nails, and screws, and he’ll build you a beautiful house because he has the tools and knowledge. I highly recommend him, 5 Stars!
I wanted to express my complete satisfaction with Ray and his team for helping me understand all the different insurance options, I have spoken to many insurance companies, and they all just wanted to sell me a policy. Ray took the time to explain the differences between one type of policy and the other. Most importantly he wanted to know what was important to me and my family.I was able to select a policy that met my present need, but also allowed me future options. Ray is honest and very reliable. Thank you
I met Ray Molina more than 20 years ago when he was the representative assigned by the company, he worked with to take care of the needs of our organization. From the very beginning, Ray demonstrated his unique qualities, understanding our needs and always prioritizing them to provide the best solution. Over the years he proved his dedication responsibility, trustworthiness, and reliability; no matter how hard the request, or the urgency of it, Ray always came through. Those are the reasons why we always kept Ray as a partner, even when there where changes in the company he was working with. Years have gone by and now, when I learned that Ray had started new endeavors in the financial and insurance industries, this time as an individual, I looked to have him as a partner to guide me and recommend solutions that best fit my needs in these fields. As expected, Ray showed once again all his qualities with excellent results for me; I am extremely grateful for having him “in my corner”