Disability Income Insurance

DisabilityA disabling illness or accident that results in a loss of income earning ability can be one of the most devastating personal as well as financial events in someone's life. There is a way to insure against the loss of income earning ability by purchasing disability income insurance. Disability income insurance can be customized to fit the needs and circumstances of each individual. The maximum amount of disability benefit that is payable is based on the occupation the person is employed in and the amount of income earned. Waiting periods, benefit amount, length of benefit payment, and inflation increases are just some of the provisions that can be chosen by individuals. Below is a hypothetical comparison of two jobs illustrating the importance of disability income insurance:

JOB A
INCOME = $50,000
Didn't take out Disability Insurance
NET INCOME = $50,000
INCOME AFTER DISABILITY = $0.00

JOB B
Income = $50,000
Disability Insurance Premium= $3,000 per year
NET INCOME = $47,000
INCOME AFTER DISABILITY = $33,500

Which Job Would You Rather Have Job A or Job B?

For More Information you may call CSI at 256-543-7660 ext. 2202 or you may email Jim Houston. Click Here To Send Email


Community Services, Inc. is a subsidiary of Community Credit Union and has agents licensed and authorized to conduct insurance business in Alabama. This website is in no way to be construed as an offer for the sale of insurance in unauthorized states or countries. Insurance services offered through Community Services, Inc., a subsidiary of Community Credit Union.  Insurance products are not an obligation of or guaranteed by Community Credit Union.