💼 May is Disability Insurance Awareness Month – Here’s Why It Matters More Than Ever
At TDA Insurance & Financial Agency, we believe that protecting your income is just as crucial as safeguarding your home or car. This May, during Disability Insurance Awareness Month, we want to shine a spotlight on an often overlooked but incredibly important type of coverage: Disability Insurance
What is Disability Insurance?
Disability Insurance is designed to replace a portion of your income if you’re unable to work due to an illness or injury. Whether it’s a back injury, surgery recovery, or a long-term medical diagnosis, your ability to earn a living could be interrupted—sometimes suddenly and unexpectedly. Think of it as a financial safety net that helps cover everyday expenses like:
- Mortgage or Rent Payments
- Utility Bills
- Groceries and Household Needs
- Medical Expenses Not Covered by Health Insurance
I’m Healthy—Do I Really Need It?
Here’s a surprising fact: 1 in 4 workers will experience a disabling condition that prevents them from working at some point in their career, according to the Social Security Administration. Accidents aren’t the only cause of disability—common conditions like cancer, heart disease, or chronic back pain can keep someone out of work for months or even years. And while worker’s compensation insurance helps with job-related injuries, most disabilities happen outside of work and aren’t covered.
Short-Term vs. Long-Term Disability Insurance
Short-Term Disability: Covers you for a few weeks to a few months. It’s designed for temporary recovery from surgery, childbirth, or minor injuries.
Long Term Disability: Kicks in after short-term benefits end and can last for several years or even until retirement age, depending on the policy.
Both types are essential for different reasons—and they can work together to create a complete income protection plan.
Do You Have Coverage?
Many people believe they’re covered through their employer, but it’s not always the case—or the coverage may not be enough. Employer plans often provide only a portion of your salary (typically 40%-60%), and not everyone has access to group disability benefits. At TDA Insurance we’ll help you:
- Review Any Current Coverage You Have Through Work
- Compare Individual Disability Insurance Options
- Customize A Plan That Fits Your Lifestyle, Career, And Financial Goal
Why This Matters in Michigan
In our local Walled Lake and Metro Detroit Communities, we see hardworking professionals, small business owners, and families who rely on their income to build their future every day. One unexpected illness injury could derail everything you’ve worked for. Disability insurance helps keep you on track—even when life throws a curveball.
Let’s Talk
This May, take a moment to ask yourself: What would happen if I couldn’t work for a few months—or longer?
If you’re not sure whether you have disability coverage, or if you want to explore better options, we’re here to help. Contact us today to schedule a quick review. Let’s protect your paycheck—because your income is the foundation of everything else.
📞 248-347-3630
🌐 www.tdanow.com