Impairment Protection

Life insurance is a safety net designed to provide financial security to beneficiaries in the event of the policyholder’s death. By paying a death benefit, life insurance can help cover expenses such as funeral costs, outstanding debts, or lost income, ensuring that loved ones are financially supported. 

With various types of life insurance available, choosing the right policy can be complex. It’s important to partner with a knowledgeable life insurance agent to help you make the right choice for your future. 

Types of Coverage

Short-Term Disability:  Short term disability insurance replaces a portion of your income if illness or injury keeps you from working, helping cover rent, groceries, and medical bills. It bridges gaps between sick leave and recovery, protects savings, prevents debt, preserving long-term goals.

Long-Term Disability: Long term disability insurance protects your income if a serious illness or injury prevents working for months. It funds essential expenses, safeguards retirement savings, maintains credit, and complements emergency funds, Social Security, or employer benefits, providing financial stability during recovery.

Disability Income Insurance:  Disability income insurance replaces a portion of your paycheck if illness or injury limits your ability to work. It covers essential expenses, protects savings and credit, complements employer benefit programs, and preserves financial independence during recovery or long-term health setbacks.

Medical Income Insurance:  Medical income insurance pays cash benefits when you face covered illness or injury, helping offset deductibles, copays, and non-covered expenses. It supplements health insurance, cushions wages and travel costs, reduces debt, and ensures treatments aren’t limited by lack of finances.

Accidental Disability Income:  Accidental disability income insurance pays monthly benefits if an accident prevents you from working. It helps replace lost wages, cover rent, loans, and medical bills, and protect savings. Affordable premiums, fast underwriting, and portable coverage provide peace of mind alongside health insurance and emergency funds.

Supplemental Disability Insurance:  Supplemental disability insurance adds income protection beyond employer or primary coverage. It fills benefit gaps, raises replacement ratios, and covers bonuses, commissions, and long recoveries. Customizable, it helps manage deductibles, mortgage and childcare costs, safeguarding savings and long-term goals if sudden illness or injury strikes.

Protect Your Income, Protect Your Future

Your ability to earn an income is one of your greatest assets—and protecting it is essential to maintaining your lifestyle and long-term goals. Impairment protection insurance helps ensure that an unexpected illness or injury doesn’t jeopardize your financial foundation.

At Standing Oak Insurance, we take the time to understand your situation, explain your options, and design coverage that fits your needs and priorities. Together, we’ll build a plan that helps safeguard your income, preserve savings, and provide peace of mind—so you can move forward with confidence, no matter what life brings.