Things to consider when deciding if you need DI coverage
90% of LTD claims are due to illness, not accidents.
95% of LTD claims are not work related. Meaning they are not covered by workers compensation.
6 in 10 consumers are concerned about their ability to support themselves if they were to become disabled and unable to work.
How long could you pay your bills without a paycheck?
Melcher & Prescott Insurance is an independent benefit advisor and broker providing NH individuals with a one-stop solution for their DI needs.
We can offer “paycheck” insurance to almost anyone in any profession DI provides a benefit to help pay your basic monthly expenses if you are totally disabled and unable to work. This coverage is 24 hour, 365 days a year and good whether you are at work or not. A DI plan can be designed to meet the needs of anyone on any budget.
Did you know that 69% of the private workforce does not have any long-term disability income insurance? The Social Security Administration says that 1 in 4 of today’s 20-year-olds will become disabled before they retire. That’s a quarter of the general public.