Mutual of Omaha Employee Benefits’ Post

Navigating the safety nets of employment can be complex. 🧐 Do you understand the essential differences between Disability Insurance and WSIB? While WSIB provides coverage if an injury occurs on the job, Disability Insurance or paycheck insurance is your round-the-clock guardian, irrespective of where or how an injury or illness might take place. 🕒💼 It’s crucial to remember that WSIB acts as the first payor for work-related injuries, but what about the income protection you need beyond that scope? That’s where Disability Insurance steps in to bridge any gaps, potentially topping up your coverage to ensure comprehensive protection. 🛡 Protecting your income should be as routine as clocking in for work. Whether you're an employer seeking to shore up your employee benefits package or an individual looking to safeguard your financial future, we're here to provide tailored Disability Insurance solutions that offer peace of mind 24/7. 💡 Ready to discuss how Disability Insurance can complement WSIB for you or your employees? 🤝 Contact us today for a personalized consultation that ensures you're covered at every turn. #DisabilityInsurance #IncomeProtection #EmployeeBenefits

Ensuring Peace of Mind: The Importance of Disability Insurance for Doctors Disability insurance is a vital tool for doctors, offering protection against the unexpected. Here's why it's essential: 1️⃣ Income Protection: Your ability to practice medicine is your most valuable asset. Disability insurance ensures you continue to receive income if an injury or illness prevents you from working. 2️⃣ Peace of Mind: With disability insurance, you can focus on recovery without worrying about financial strain. It provides a safety net, allowing you to maintain your standard of living during challenging times. 3️⃣ Customized Coverage: Disability insurance policies can be tailored to suit your specific needs, ensuring comprehensive protection based on your specialty, income, and lifestyle. 4️⃣ Career Continuity: In the event of a disability, insurance benefits can help cover overhead costs for your practice, ensuring continuity of care for your patients and preserving your professional legacy. 5️⃣ Long-Term Financial Security: Disability insurance helps safeguard your long-term financial goals, protecting your ability to save for retirement and support your family's future. Don't overlook the importance of disability insurance in your financial planning. It's a crucial step towards securing your well-being and the future of your medical practice. #Doctors #MedicalProfessionals #FinancialPlanning #DisabilityInsurance #Healthcare #PeaceOfMind #CareerProtection

Why you should consider critical illness and disability insurance? Having adequate insurance coverage is essential for financial security in the event that you are faced with a critical illness or disability. Critical illness and disability insurance can provide you with the financial protection you need in the event of an unexpected medical diagnosis or injury. This type of insurance can help to cover expenses related to medical care and treatment, as well as lost wages resulting from your inability to work. Additionally, it can provide additional financial resources to help you maintain your lifestyle and cover other necessary expenses, such as mortgage payments, childcare costs, and debt payments. In order to determine if this type of coverage is right for you and your family, it is important to assess your current financial resources and future goals. Taking the time to consider critical illness and disability insurance may help you secure a more financially secure future. PS: This content is exclusively created and licensed to financial advisors using our platform (we have over 500 posts ready to use that have got over 600,000 impressions and are growing on LinkedIn every single day; this means people like our content a lot more than standard advisor company-posted content). Please reach out to me if you would like to get access to our AI-powered next-generation platform. 👍 #criticalillnessinsurance #disabilityinsurance #insurance #insurancelife #life #familyfirst #familygoals #familyprotection #protectyourfamily #protectwhatmatters #protectyourassets #protectyourself #protectyourincome

Why should an Employer Group offer their Employees Disability Insurance to their employees? Simple answer is below. Be sure to inquire about the Disability Group Coverage Humana has to offer groups. Disability insurance replaces a portion of employee income when they can't work because of an illness or disability. For the most part, disability insurance will not replace all of someone's income. Instead, disability insurance provides wage replacement benefits that cover, on average, up to 60% of employee earnings.

As I type this; the S&P 500, the Nasdaq and the Dow Jones are down less than 3%. Some people are nervous and freaking out and of course the media is losing it's collective mind. But what if you could not work due to a disability and your income was down 100% because you had no disability insurance? Or reduced by 20% - 40% because you relied only on your employer paid disability insurance? If you are making 200k plus you almost certainly fall into this category. Are you nervous or freaking out? Based on history, the financial markets will recover just fine. In related news, millions of people will file for social security disability in the next few years. And they won't own any individual disability insurance. What's the greater risk to your financial situation? Years of success investing in the markets? Or years of evidence that people who cannot work due to a disability face severe financial hardships?

Don't wait until it's too late to review your workplace insurance. There could potentially be gaps in your coverage, and there may be a supplemental solution for you. Please let me know if you would like to do discuss it.

Don't wait until it's too late to review your workplace insurance. I can help you identify the gaps in your coverage and find the right insurance for you.

Don't wait until it's too late to review your workplace insurance. I can help you identify the gaps in your coverage and find the right insurance for you.

Don't wait until it's too late to review your workplace insurance. I can help you identify the gaps in your coverage and find the right insurance for you.

Don't wait until it's too late to review your workplace insurance. I can help you identify the gaps in your coverage and find the right insurance for you.