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Disability Insurance in Louisiana to Protect Your Income
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Why Disability Insurance?
An Income Plan for Life’s Interruptions
If an illness or injury keeps you from working, disability insurance can replace a portion of your income so the mortgage, utilities, and groceries stay on track. Granen Insurance helps you right-size benefits and waiting periods to fit your budget and emergency savings.
Our Disability Insurance Options
Short-term and long-term coverage explained
Short-term policies can pay benefits during the first weeks or months of a disability, while
long-term disability is designed for extended recovery periods and can last years or to retirement age. Many professionals pair the two for broader protection.
How Disability Coverage Works
Benefits, waiting periods, and definitions
Key features include benefit amount (often up to ~60% of income), elimination period (e.g., 30–90 days before benefits begin), and benefit period (two years, five years, or to age 65/67). Definitions matter: “own-occupation” coverage can protect your specific profession, while “any-occupation” is more restrictive. We’ll translate the fine print and model monthly costs.
Individual vs. Employer Coverage
Portable Protection for Careers that Change
Employer policies are valuable but may be limited and rarely travel with you to a new job. Individual coverage is portable and can supplement employer LTD—especially for higher earners. Business owners can also consider business overhead expense to keep operations running during recovery.
Disability Insurance FAQs
Answers to Common Louisiana Questions
If you’re building a fuller plan, many clients pair income protection with life insurance to support family needs across different scenarios.
How much income will it replace?
Typically around 60%, subject to policy limits.
Is disability insurance expensive?
Budget about 1–3% of annual income; we’ll quote options.
Does it cover on-the-job injuries?
Workers’ comp addresses those; disability policies cover off-the-job illnesses and injuries.
Can non-working spouses get coverage?
Disability insurance replaces earned income; consider critical illness or life insurance for non-income roles.
Secure Your Income Today
Quotes and Guidance from Granen Insurance
Tell us your profession, monthly needs, and savings cushion. We’ll compare policies, explain riders like COLA or residual benefits, and help you choose coverage that’s realistic and resilient.