Disability insurance pays cash benefits to the policyholder in the event the insured is unable to work due to sickness or injury. That cash benefit ranges from 50% to 70% of income. The insurance company will not pay more than 70% of income because there must be an incentive to return to work.
Medigap, also known as Medicare Supplement Insurance, is designed to cover the "gaps" that are not covered by Original Medicare, such as copayments, coinsurance, and deductibles. Here are some essential points to consider about Medigap plans:
As your insurance advisor, we help you make smart decisions by protecting you from the unexpected. We offer high quality insurance products & services to meet your goals and budget. We'll help you understand every step in the process, so you realize your dreams while safeguarding your finances.
