Individual Disability Insurance

Individual disability insurance is used to replace lost income if you are disabled or cannot work due to an injury or illness. At Licata Management Corp, we can tailor a New York or New Jersey disability insurance policy to fit your individual needs. Many studies say that Americans can have a long-term disability by the age of 65, so this complement to your health insurance is necessary.

An individual disability insurance policy is a good way to cover income losses even with those who have some employer-paid coverage. Typically, disability premiums paid by you are not taxes but employer-paid benefits are. There are 2 types of individual disability insurance policies - long-term and short-term.

Basic ways of disability insurance

• Individual disability income policy
• Social Security disability benefits
• Employer paid benefits

Let a Licata Management Corp agent explain the different options you have when considering individual disability insurance in the New York and New Jersey area.