Our industry teaches us that for personal income replacement the answer is 65% – 75% of income. This understanding is seconded by third party resources such as the U.S. Labor Department, concluding the same percentage of replacement is required; and an independent survey by U…
Take the case of… an ordinary businessman with a wife and three children. He is a successful businessman with an annual income of $200,000. Although he has the maximum monthly disability benefit available of $8,000, it is not enough to cover his mortgage and the private education tuition for his three children…
Take the case of… Captain F who is a corporate pilot with plenty to lose should he not be able to fly. Not many Disability carriers are able to consider this occupation…