What Would Happen If an Illness or Injury Kept You From Working?
Your paycheck does more than put money in the bank. It helps pay your mortgage or rent, utilities, groceries, car payments, insurance premiums, credit cards, and many of the everyday expenses your family depends on.
But what happens if an unexpected illness or injury prevents you from working?
Disability Income Insurance can help protect your income when you are unable to earn it yourself.
At MyBlueOptions, we help individuals, families, professionals, and business owners explore income-protection solutions designed to provide monthly benefits if a qualifying sickness or injury leaves them totally disabled.
Your Bills Don’t Stop When Your Paycheck Does
Most people understand the importance of protecting their home, vehicle, health, and family.
But there’s another valuable asset that is sometimes overlooked:
Your Paycheck.
Think about how much income you could earn over the remainder of your working years.
If you earn $50,000 annually for the next 20 years, that’s potentially $1 million in future earnings before taxes and without assuming raises or other changes.
Your ability to work and earn an income helps make almost everything else possible.
Disability Income Insurance is designed to provide monthly benefits following a qualifying disability, subject to the policy’s terms, elimination period, benefit period, exclusions, limitations, and underwriting requirements.
Benefits can help with everyday financial obligations such as:
Mortgage or Rent • Utilities • Groceries • Car Payments • Insurance Premiums • Credit Cards • Loans • Childcare • Family Expenses
The goal is simple:
Help protect your paycheck when a qualifying disability prevents you from earning it yourself.
How Much Income Protection Could You Qualify For?
Your available coverage and premium are determined individually. Factors may include:
Age • Gender • State • Tobacco/Nicotine Use • Occupation • Annual Income • Health • Coverage Selections • Underwriting
Different occupations can qualify for different coverage amounts and rates because the duties and disability risks associated with each profession can vary.
Let’s look at two sample scenarios.
Sample Illustration #1 — Affordable Income Protection
The following examples illustrate how Disability Income Insurance can provide different levels and durations of protection.
Sample Option 1
Monthly Premium: $12.46
Combined Monthly Benefit: $1,000
Total Potential Benefit*: $24,000
An example of basic income protection at a relatively low illustrated monthly premium.
Sample Option 2
Monthly Premium: $19.67
Combined Monthly Benefit: $1,250
Total Potential Benefit*: $75,000
An example of increased potential protection while keeping the illustrated premium below $20 per month.
Sample Option 3
Monthly Premium: $28.54
Combined Monthly Benefit: $1,250
Total Potential Benefit*: $555,000
This example demonstrates how a longer benefit period can substantially change the total potential benefits available under a policy.
Imagine Having Income Protection for Less Than $30 Per Month
In this illustration, a monthly premium of $28.54 is associated with a combined monthly benefit of $1,250 and a total potential benefit of up to $555,000, assuming the insured satisfies the applicable policy requirements throughout the relevant benefit period.
Actual coverage, premiums, and benefits will vary by applicant.
Want to see what you may qualify for?
Visit myblueoptions.net or call 954-562-8620.
Sample Illustration #2 — Greater Monthly Income Protection
Now let’s look at another sample scenario with higher monthly benefit amounts.
Sample Option 1
Monthly Premium: $31.47
Combined Monthly Benefit: $2,000
Total Potential Benefit*: $120,000
This illustration demonstrates how $2,000 per month in qualifying disability benefits could provide meaningful assistance toward everyday household expenses.
Sample Option 2
Monthly Premium: $49.21
Combined Monthly Benefit: $2,500
Total Potential Benefit*: $300,000
For an illustrated premium of $49.21 per month, this example provides a combined monthly benefit of $2,500 and a total potential benefit of $300,000.
Sample Option 3
Monthly Premium: $57.07
Combined Monthly Benefit: $2,500
Total Potential Benefit*: $1,110,000
This example illustrates the potential impact of longer-term income protection.
For an illustrated premium of $57.07 per month, the policy provides an illustrated $2,500 combined monthly benefit, with a total potential benefit of up to $1,110,000 under the assumptions used in the illustration.
That does not mean the insured receives $1.11 million automatically or as a lump-sum payment. The total represents potential benefits payable over the applicable benefit period if the insured experiences a qualifying disability, satisfies the elimination period, and continues to meet all applicable policy conditions.
$57.07 a Month vs. Up to $1.11 Million in Potential Benefits
The purpose of this illustration isn’t simply to compare premiums.
It’s to demonstrate the financial value that long-term income protection may provide when someone experiences a qualifying disability.
Consider what $2,500 per month could help pay:
Your mortgage or rent.
Your groceries.
Your utilities.
Your vehicle payment.
Your insurance premiums.
Your family’s everyday expenses.
A serious illness or injury can affect more than your health—it can affect your ability to earn the income your household depends on.
That’s why protecting your paycheck deserves serious consideration.
Compare the Two Sample Illustrations
Illustration #1
Starting illustrated premium: $12.46/month
Illustrated monthly benefits: $1,000–$1,250
Highest illustrated total potential benefit: $555,000
Illustration #2
Starting illustrated premium: $31.47/month
Illustrated monthly benefits: $2,000–$2,500
Highest illustrated total potential benefit: $1,110,000
Which One Is Right for You?
Neither illustration is intended to suggest that one option is automatically better than another.
Your appropriate coverage depends on your individual circumstances, including your income, occupation, financial obligations, existing savings and benefits, desired monthly protection, budget, and eligibility.
That’s where MyBlueOptions can help.
Your Coverage Should Be Based on You
When requesting your personalized Disability Income Insurance illustration, information that may be considered includes:
Your Age
Gender
State of Residence
Tobacco/Nicotine Use
Occupation Type
Annual Income
Health and Medical History
Desired Monthly Benefit
Desired Benefit Period
Your personalized illustration can then show available coverage options, estimated premiums, applicable benefit periods, and available riders based on your eligibility.
Who Should Consider Disability Income Insurance?
If you depend on your income to maintain your lifestyle, Disability Income Insurance may be worth considering.
Self-Employed Individuals
When you work for yourself, you may not have employer-sponsored disability coverage to fall back on.
Small Business Owners
Your income—and sometimes your business itself—may depend heavily on your ability to remain actively involved.
Professionals
Years of education, experience, and career development can make your future earning potential one of your largest financial assets.
Skilled Trades & Manual Workers
Your ability to physically perform your job can be directly connected to your ability to earn an income.
Health Care Professionals
An illness or injury that interferes with your ability to perform specialized duties can have significant financial consequences.
Families Depending on One or Two Incomes
The loss of even one paycheck can significantly affect a household’s ability to meet its financial obligations.
How Long Could You Live Without Your Paycheck?
Ask yourself:
If Your Paycheck Stopped Today, How Long Could You Continue Paying Your Bills?
One month?
Three months?
Six months?
A year?
A prolonged disability can create significant financial pressure, especially when medical and everyday living expenses continue while income is reduced or eliminated.
Disability Income Insurance is designed to help address that risk.
Don’t Wait Until You Can’t Work to Protect Your Income
No one plans to become sick or injured.
Once a serious medical condition or injury occurs, however, your insurance eligibility or available options may change.
That’s why the time to explore income protection is often while you’re healthy and actively working.
See What You May Qualify For
Your premium may be different from the examples shown above.
Your monthly benefit may be different.
And depending on your individual circumstances and eligibility, your available protection could also be different.
The best way to know is to request a personalized Disability Income Insurance illustration.
Request Your Personalized Quote Today
Visit myblueoptions.net
Complete our contact form and request your personalized Disability Income Insurance quote.
Prefer to Speak With Someone?
Call 954-562-8620
We’ll help you explore available income-protection options based on your occupation, income, budget, financial goals, and eligibility.
MyBlueOptions
Protect Your Health. Protect Your Family. Protect Your Income.
Your paycheck helps protect your lifestyle. Let us help you explore ways to protect your paycheck.
myblueoptions.net | 954-562-8620
Important Information About the Illustrations
The premiums, monthly benefits, and total potential benefits presented above are sample illustrations provided for informational and educational purposes only. They are not quotes, guarantees, promises of benefits, or representations that every applicant will qualify for the illustrated coverage or premium.
Actual benefits and premium rates are determined individually and may depend on factors including age, health, occupation, annual income, gender where permitted by applicable law, tobacco or nicotine use, state of residence, selected coverage, benefit period, elimination period, optional riders, and underwriting results.
*The total potential benefit represents the potential amount payable per claim for the stated benefit period after satisfying the applicable elimination period and assuming all policy conditions are met. Where a benefit period extends to a specified age, the illustrated total may assume that the insured becomes totally disabled immediately following the effective date of the policy and continuously meets all applicable policy conditions throughout the benefit period.
The total potential benefit should not be interpreted as a lump-sum payment, cash value, investment return, guaranteed payout, or amount automatically payable to the insured.
Insurance products, premiums, benefits, definitions of disability, benefit periods, elimination periods, optional riders, exclusions, limitations, and underwriting requirements vary by policy, applicant, insurance carrier, and state.
Underwriting requirements apply, and a medical examination or additional medical or financial information may be required. Certain pre-existing conditions, illnesses, injuries, activities, occupations, or other circumstances may be excluded or subject to limitations.
Optional riders may require additional premiums and may not be available with every policy or in every state.
This material is only a general summary. If coverage is issued, the actual insurance policy and applicable riders, endorsements, exclusions, limitations, definitions, and state-specific provisions will control.
Please review your personalized illustration and complete policy terms before purchasing coverage.
Ready to See Your Options?
Don’t guess what your paycheck protection might cost.
Request a personalized quote today.
Visit myblueoptions.net
Call 954-562-8620