Disablity Insurance

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  • Short-Term Disablity
  • Long-Term Disablity
  • Worker's Compensation
  • And more...

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We can’t wait to help you get the right insurance!

Shop for Disability Insurance the smart way.

Finding the right insurance is a real challenge. It is a smart idea to get help from experts when it comes to choosing the right insurance. You have several choices when it comes to your coverage. As an independent agency, Nova Insurance can help you shop around and compare rates and coverages from multiple reputable insurance companies until you find a policy that meets your needs and budget.

Independent agents like us work for you – not insurers. While it costs you nothing to use the services of Nova Insurance, it could save you a lot of amount of time and money.  We can also help you assess your actual coverage needs so you are better protected against loss. If you already have coverage, we can shop to see if there is a better option for your needs. Get in touch today, and let's find you the best coverage for your needs.

Top 5 FAQS

How much auto insurance do I need?

Most states have a minimum requirement of coverage you are expected to have. You will need proof of this insurance to register a vehicle. These requirements will sometimes not be enough to cover the cost to you of an accident. If they are not, then you would be paying out of pocket any additional expenses. Because of that, you want to consider coverage that extends beyong the minum requirements. You will want to consider certain factors when determining the coverage you will need including:

  • The value of your assets
  • How often and when you drive
  • What type of car you drive
  • Who rides along with you
How much disablity insurance do I need?

Generally it is recommended for select disablity coverage that replaces about 60% of your after tax income. 

When coming to an amount that works for you and your loved ones personally, consider what monthly income would cover your monthly expenses and cost of living. This includes costs such as mortgage and car payments, groceries and child care. 

How long are benefits paid?

The duration of the benefits period ranges by plan selected. The most frequently selected periods are two years, five years, and to age 65. The length of benefit period affects the cost of premium. Benefits will continue to be paid during the allowed benefit period do long as you remain disabled. 

When do my beneifts start?

There is a waiting period for most disablity plans. This is called the elimination period. After you satisfy your plan's definition of disablity, and you are unable to work, you have an elimination period before you will receive benefits.  This period depnds on what you selected or what was selected by your employer. Typically the waiting period ranges from 90-180 days. 

What qualifies me as disabled?

The definition of disabled varies plan to plan. Some policies consider you disabled if you are unable to perform your work duties due to sickness or accidental injury.  Other plans consider you disabled if you're unable to perform work duties of any job taking into consideration your training, education and experience. Still other policies require that you are unable to earn a certain percentage of your pre-disability income because of injury or sickness regardless of your current job or educatio and training.

It is aslo important to know that many policies have exclusions and limitations. There may be certain disablities and pre-existing conditions tht are not covered.  

How much does disability insurance cost?

It depends on teh benefit amount, but the average cost of disability insurance is typically ranges between 1 and 4 percent of your annual income. You should expect to pay between 2 and 6 percent of your policy's monthly benefit amount in premium.

Call for a quote:

(224) 255-3005

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