Disability Income Insurance

While disability income can often be overlooked, it can actually play a critical role in your financial plan. At Burr Capital Advisors, we are here to help you understand how you can protect yourself and your assets with personal disability insurance. Here are a few of the benefits that come along with disability income insurance: 

  • Provides Protection - With disability insurance, you are able to replace a portion of your income, ranging between 50 percent to 70 percent, if you become disabled due to an injury or an illness. 
  • Tax-Free - If you purchase a personal disability policy, the benefit payments are structured to be income tax-free. Keep in mind, you may not be eligible for coverage that is the same as your current salary, seeing as your take-home pay is always less. 
  • Peace Of Mind - Unexpected illnesses and injuries can occur at any moment, which can cause stress and worry when it comes to providing for yourself. With the option of disability income insurance, you can focus on healing, and not worry about how you’re going to pay the bills. 

At Burr Capital Advisors, we understand sudden injuries or illnesses affect more than just your body. They can limit you from going to work and bringing income into your home. That’s why our expert financial advisors are here to help you understand your options and get set up with disability income insurance to make sure you are taken care of during your time of healing. For more information about disability income insurance, how it works, and what the process looks like, get in touch with us today! We are here to make sure our clients have the tools and knowledge they need to achieve their financial goals and needs. Give us a call today, and reach financial independence tomorrow.