Forest City: (828) 247-6000 | Mar​ion:  (828) 652-6815 | Hendersonville: (828) 697-5778 | Swannanoa: (828) 686-9421 
Alliance Insurance Group
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Disability Insurance

Did you know more than 1 in 4 people today will become disabled at some point before retirement? It only takes a few minutes to find out how we can protect your future

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What is Disability Insurance?

Disability Insurance, often called DI or disability income insurance, or income protection, is a form of insurance that insures the beneficiary's earned income against the risk that a disability creates a barrier for a worker to complete the core functions of their work. 

For example, the worker may suffer from an inability to maintain composure in the case of psychological disorders or an injury, illness or condition that causes physical impairment or incapacity to work. It encompasses paid sick leave, short-term disability benefits (STD), and long-term disability benefits (LTD).

Statistics show that in the US a disabling accident occurs on average once every second. In fact, Nearly 18.5% of Americans are currently living with a Disability, and 1 out of every 4 persons in the US workforce will suffer a disabling injury before retirement.

Types of Disability Insurance

Individual Disability Insurance - Those whose employers do not provide benefits, and self-employed individuals who desire disability coverage, may purchase policies. Premiums and available benefits for individual coverage vary considerably between companies, occupations, states and countries. In general, premiums are higher for policies that provide more monthly benefits, offer benefits for longer periods of time, and start payments of benefits more quickly following a disability claim. Premiums also tend to be higher for policies that define disability in broader terms, meaning the policy would pay benefits in a wider variety of circumstances.

High-limit Disability Insurance - High-limit disability insurance is designed to keep individual disability benefits at 65% of income regardless of income level. Coverage is typically issued supplemental to standard coverage. With high-limit disability insurance, benefits can be anywhere from an additional $2,000 to $100,000 per month. Single policy issue and participation (individual or group long-term disability) coverage has gone up to $30,000 with some companies.

Key-person Disability Insurance -  Key Person Disability Insurance provides benefits to protect a company from financial hardship that may result from the loss of a key employee due to disability. The company can use the benefits to hire a temporary employee should the disabled employee's disability appear to be short-term. In the case of permanent disability, benefits are used to help defray costs related to hiring a replacement, including recruitment, training, startup, loss in revenue and unfunded salary continuation costs.

Business Overhead Expense Disability Insurance - Business Overhead Expense (BOE) coverage reimburses a business for overhead expenses should the owner experience a disability. Eligible benefits include: rent or mortgage payments, utilities, leasing costs, laundry/maintenance, accounting/billing and collection service fees, business insurance premiums, employee salaries, employee benefits, property tax, and other regular monthly expenses.

Contact us to learn more about the disability insurance coverage for you.
Forest City
130 Allendale Drive
Forest City, NC 28043
(828) 247-6000
Click Here to Email Us

Marion
1300 Rutherford Road
Marion, NC 28752
(828) 652-6815
Click Here to Email Us

Hendersonville
118 E. Caswell Street
Hendersonville,NC  28739
(828) 697-5778​
Click Here to Email Us

Swannanoa
​
2277 US Hwy 70
Swannanoa, NC
​28778
​(828) 686-9421
​Click Here to Email Us
​​​
Disability Insurance Quote
Get a quote for disability insurance
Licensed in North Carolina and South Carolina

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Forest City

Alliance Insurance Group
130 Allendale Drive
Forest City, NC 28043
(828) 247-6000
Click Here to Email Us

Marion

Alliance Insurance Group
1300 Rutherford Road
Marion, NC 28752
(828) 652-6815
Click Here to Email Us

Hendersonville

Alliance Insurance Group
118 E. Caswell Street
Hendersonville,NC  28739
(828) 697-5778​
Click Here to Email Us

Swannanoa

Alliance Insurance Group
2277 US Hwy 70
Swannanoa, NC
​28778
​(828) 686-9421
​Click Here to Email Us
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  • Home
  • Quotes
    • Auto Quotes >
      • Auto Insurance Quote
      • ATV Insurance Quote
      • Classic Car Insurance Quote
      • Motorcycle Insurance Quote
      • Roadside Assistance Quote
      • RV Insurance Quote
    • Business Quotes >
      • Business Insurance Quote
      • Business Owners Package (BOP) Quote
      • Business Auto Insurance Quote
      • Insurance Bonds Quote
      • Workers Compensation Quote
    • Health Quotes >
      • Health Insurance Quote
      • Long Term Care Insurance Quote
      • Dental Insurance Quote
      • Medical Advantage Plans Quote
      • Medicare Supplement Coverage Quote
    • Life & Financial Quotes >
      • Life Insurance Quote
      • Annuity Quote
      • Disability Insurance Quote
      • Final Expense Insurance Quote
      • Financial Planning Quote
    • Property Quotes >
      • Home Insurance Quote
      • Condo Insurance Quote
      • Flood Insurance Quote
      • Landlords Insurance Quote
      • Renters Insurance Quote
      • Farm Insurance Quote
    • Other Quotes >
      • Boat Insurance Quote
      • Event Insurance Quote
      • Umbrella Insurance Quote
      • Mobile Home Insurance Quote
  • Service
  • Insurance
    • Vehicles >
      • Auto Insurance
      • ATV Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • Roadside Assistance
      • RV Insurance
    • Business >
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Business Auto Insurance
      • Insurance Bonds
      • Workers Compensation
    • Health >
      • Health Insurance
      • Dental Insurance
      • Long Term Care Insurance
      • Medicare Advantage Plans
      • Medicare Supplement Coverage
    • Life/Financial >
      • Life Insurance
      • Annuities
      • Disability Insurance
      • Final Expense Insurance
      • Financial Planning
    • Property >
      • Home Insurance
      • Condo Insurance
      • Flood Insurance
      • Landlords Insurance
      • Renters Insurance
      • Farm Insurance
    • Other >
      • Boat Insurance
      • Event Insurance
      • Umbrella Insurance
      • Mobile Home Insurance
  • About
    • Client Testimonials
    • Staff Directory
    • Agency Photo Gallery
    • Insurance Carriers
    • Refer a Friend
  • Contact