Accident and Disability Insurance

The Importance of Disability Insurance

You may be asking, why buy more insurance if I have major medical health insurance? Won't it pay for my medical expenses if I get sick or hurt? The truth is, if you can’t work, the major medical health insurance won’t pay for lost wages at work. How will the house payment or rent be paid? The utilities, phone bill, groceries, and the list goes on...

Disability Insurance is designed to replace income when you cannot go to work due to sickness or injury. Some may call it “paycheck protection” when you aren’t receiving your paycheck.

There are two types: Short Term Disability plans can go up to a full year of monthly benefits. Long Term Disability plans that can go up to five years of benefits. You will have the ability to design your plan to fit your needs and budget. A sole proprietor may purchase a disability plan as well.

To determine if disability insurance is right for you, contact Martinson Insurance Agency LLC in Fargo, ND and speak to our fully licensed independent insurance broker.

Affordable Accident Insurance Policies

Accident insurance is usually an add-on to a disability policy or can be a stand-alone policy. A person does not need to be out of work for any extended period of time to qualify for benefits.

There are two types of accident insurance: on-the-job-only injury coverage and 24-hour both on- and off-the-job coverage. Many claims are evident for off-the-job injuries. Everything from a weekend recreational injury to car accidents to falling down steps or icy sidewalks. When a claim is paid, it may fill the gaps for clinic visits, therapy, X-rays, surgeries, hospitalizations, accidental life insurance and so much more. The benefit allowance is sent to you and can be spent where you need it for any expenses incurred due to an accident. It is usually a good fit for all types of people and families at affordable rates.

Schedule an appointment with Martinson Insurance Agency to learn more about disability or accident insurance.