Disability Insurance2022-02-06T11:40:47+00:00

Project Description


1 In 3 Americans Between Age 35 and 65
Will Become Disabled For More Than 90 Days

Disability Income Insurance

Disability Income insurance is designed to insure one’s loss of income in the event of a disability. Insuring earned income is the foundation to every successful financial plan.

Disability insurance can be purchased individually – or offered through one’s employer in the form of Short Term Disability (STD) and/or Long Term Disability (LTD) group coverage. Each program has specific maximum benefit replacement ratios which typically cap benefits at 60% of one’s gross monthly earnings with maximum monthly benefits often inadequate to properly insure incomes in excess of $250,000.

Group benefits may be taxable benefits when received if funded by the employer. Individual benefits are usually designed to be non-taxable – funded by the individual.

Maximum monthly disability benefits can be achieved by implementing individual disability income contracts to supplement group/employer sponsored coverage.

This “combination” of individual and group disability coverage enables the highly compensated, business owners, key employees, etc. to design disability coverage which could insure incomes in excess of 60%.

Individual disability income contracts have very liberal definitions – one is considered disabled if he/she is unable to perform the main duties of his/her occupation.

Benefits are payable for both total and/or residual (partial) disabilities.

Individual disability contracts can be provided and paid for by the employer for a select group of key employees. They can also be offered to any group of employees on a voluntary basis as part of one’s benefit program. Typically, when 3 or more participate in purchasing individual coverage, premium discounts are available and simplified underwriting may be available.


To meet the unique needs of each of our clients, customizing products to protect their incomes and their lifestyles.
For nearly 40 years we have promised to always provide the best quality solutions meeting our clients’ needs without regard to our personal financial interest.
Each of our clients has a unique concern he/she is looking to protect. We approach each opportunity with an open mind as to which solution will best serve our clients.

If You Keep Your Traditional Disability Coverage After Age 65, You May NOT Qualify For Benefits


Traditional disability income contracts provide inferior benefits upon reaching age 65/67. This presents problems for many individuals who are working past age 65 and rely on their disability coverage to insure their incomes.

Traditional individual disability contracts are inadequate following age 65 for the following reasons:

  • Removal of own occupation definition – insured must be unable to perform the gainful duties of any occupation to collect benefits
  • Maximum 2 year benefit period
  • Removal of Residual/Partial benefits – benefits are only payable for total disability
  • Premiums may increase at age 65 and increase yearly thereafter
  • Coverage may not extend past age 70
  • Yearly renewals may be subject to proof of insurability – medical questions


The MB Group Disability Insurance Program addresses the limitations of traditional individual coverage and provides the following improvements beyond age 65:

  • Own occupation definition of disability
  • 5 year benefit period
  • Benefits are payable for both total and residual/partial disabilities
  • Premiums are guaranteed to remain level for 5 years
  • Benefits may be payable to age 75