Disability Insurance

If you have a job, you most likely need disability insurance.

Types of disability insurance:

  • Worker’S compensation: only covers you in the case of a work related accident or injury.
  • State Disability fund: NY and NJ provide limited short term disability.
  • Social Security: most workers are covered however qualifying is a challenging process and may not cover all of your needs.
  • Employer-sponsored coverage: The most common form of coverage; check with your employer to see if they offer short-term or long-term disability income protection. Typically payments are considered taxable income.
  • Individual Disability Insurance: private, flexible, portable disability insurance. Typically payments are considered income tax-free.

Contact Alpha/Omega Coverage Corp today to discuss how much coverage you need to maintain your standard of living if you were too ill or injured to work for an extended length of time.