At Stratford Financial Group we believe your income is your most valuable asset after your health and your family thus making disability income insurance one of the most critical forms of insurance planning. We find it hard to believe that disability insurance is one of the most overlooked areas of insurance planning both from an employer and employee standpoint but it is! Most individuals do not recognize the magnitude of how much income they can generate every year until age sixty-five.

See for yourself:

Take a look at these statistics:

• Throughout a person's life, a person is two to three times more likely to suffer a long-term disability than to die prematurely.
• A person 25 years old has a 58% chance of becoming disabled for 3 months or longer before age 65.
• A long-term disability can be financially devastating due to rising medical expenses and falling income.
• Replacing lost income often means tapping savings and investments, borrowing and depending on other household income or Social Security - which together may still not be enough.
• State short-term disability (in New Jersey) is limited,
  • No benefits for the first 8 days of disability
  • Benefits equal to 66.2/3 of weekly salary to a estimated taxable maximum of $470 per week (indexed annually)
  • The benefit duration is never longer than 26 weeks

Personal Disability Programs
      (Individual and/or executive disability programs)

Employer Sponsored Group Disability Programs
      (Employer paid or partially paid programs)

Supplemental Group Short Term Disability
      (Supplemental short term disability programs)

Voluntary Benefit Programs
      (100% employee paid disability programs)