Call Us 518-602-2020 ☰ ˟
Logo
Call Us 518-602-2020
  • Home
  • Our Agency
    • AboutImage of right arrow
      • Our Staff
      • Our Locations
    • COVID Notice
    • Our Providers
  • Products
    • Non Profit Insurance
    • Coverage for Specific IndustriesImage of right arrow
      • Accounting Firm Insurance
      • Alarm Contractors Insurance
      • Bar Insurance
      • Box Truck Insurance
      • Builders Risk Insurance
      • Car Dealership Insurance
      • Cargo Insurance and Freight Insurance
      • Catering Insurance
      • Cleaning Business Insurance
      • Construction Insurance
      • Consulting Firm Insurance
      • Contractors Insurance
      • Specialty Trade Contractors Insurance
      • Craft Brewery Insurance
      • Dental Practice Insurance
      • Dump Truck Insurance
      • Educational Facility Insurance
      • Financial Institution Insurance
      • Food Truck Insurance
      • Fleet Insurance
      • Garage Insurance
      • Healthcare Facility Insurance
      • Healthcare Practice Insurance
      • Law Firm Insurance
      • Life Science Insurance
      • Liquor Liability Insurance
      • Maintenance Contractors Insurance
      • Manufacturing Insurance
      • Media & Advertising Insurance
      • Medical Malpractice Insurance
      • Minibus Insurance
      • Nursing Home Insurance
      • Nursing Insurance
      • Orthotics & Prosthetics Insurance
      • Personal Trainer Insurance
      • Pharmacist Insurance
      • Pool & Spa Insurance
      • Printers & Publishers Insurance
      • Railroad Contractors Insurance
      • Real Estate Businesses Insurance
      • Retail Insurance
      • School Bus Contractors Insurance
      • Scrap Metal Insurance
      • Security Guards Insurance
      • Self-Storage Insurance
      • Septic Contractors Insurance
      • Specialized Truck Equipment Insurance
      • Technology Services Insurance
      • Water Well Drillers Insurance
      • Veterinary Insurance
    • Coverage for Your BusinessImage of right arrow
      • Bonds
      • Business Catastrophe Insurance
      • Business Owners Policy (BOP)
      • Commercial Auto Insurance
      • Commercial General Liability
      • Commercial Property Insurance
      • Commercial Real Estate Insurance
      • Commercial Umbrella Insurance
      • Crime Insurance
      • Cyber Liability Insurance
      • Equipment Insurance
      • Errors and Omissions Insurance
      • Extortion Insurance
      • Fidelity Bonds
      • Loss Control Insurance
      • Inland Marine Insurance
      • Kidnapping Insurance
      • Marine Insurance
      • Mechanical Breakdown Insurance
      • Office Insurance
      • Product Liability Insurance
      • Professional Liability
      • Ransom Insurance
      • Shipping Insurance
      • Small Business Insurance
      • Small Business Liability Insurance
      • Storage Insurance
      • Surety Bonds
      • Technology Insurance
      • Transportation Insurance
      • Workers Compensation
    • Employee BenefitsImage of right arrow
      • Group Health Insurance
      • Group Benefits
      • Group Disability Insurance
      • Group Health Insurance
      • Dental Coverage
      • Disability Insurance
      • Vision Coverage
      • Voluntary Benefits
      • Long-Term Care Insurance
      • Disability Insurance
      • Retiree Health Coverage
      • Travel Health Insurance
      • Prescription Insurance
      • HSAs
  • Get A Quote
  • Contact Us

Disability Insurance


Disability Insurance Information

If you are unable to work due to sickness or injury, you could be at risk of being unable to pay your bills or everyday expenses. Disability insurance is a policy designed to help cover your essential living expenses if you cannot work due to sickness or injury. It provides you with assistance until you can go back to work safely. Your Commercial Coverage, Inc. agents are ready to help you find the coverage suited for your needs and help safeguard your future.  

What Is Disability Insurance? 

As previously stated, disability insurance is a policy that can help with your everyday bills or expenses if you cannot work due to illness or injury. There are two types of disability insurance that you can choose from short-term and long-term. The most significant difference between these two coverage options is how much time you will receive coverage.  

Short-term disability insurance covers you for a short time, typically between 13-26 weeks. Policies will vary, but along with this, coverage is usually around 40-70 percent of your income during the period of coverage.  

Long-term disability insurance is coverage for a longer time, such as years of 5, 10, 15, 20, or even retirement. The amount of time coverage will extend dependent on the individual policy you obtain. Coverage is typically 40-60 percent of total income but will vary.  

A benefit to obtaining individual disability insurance is that when you change jobs, your policy will follow you versus with a group policy; your benefits change after each job switch.  

How Much Disability Insurance Do I Need? 

Disability insurance should be calculated by estimating the current costs of your monthly living expenses. Account for the following costs:  

  • Housing

  • Utilities

  • Food

  • Childcare

  • Loan payments

  • College savings or tuition

  • Retirement savings

  • Auto expenses

  • Any other regular expenses


When to Apply for Disability Insurance 

It’s essential to apply for disability insurance while you’re healthy. Once you’re sick or injured, you won’t be qualified to receive the coverage you need. To get started with coverage, contact your Commercial Coverage, Inc. agent today.
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Home| Get A Quote| Customer Service| Blog| About Us| Contact
220 Church Avenue | Ballston Spa, NY 12020
Ph: 518-602-2020 | Fx: 518-602-0236
Social Social
Logo

Powered by Insurance Website Builder