Disability Insurance: Group vs. Individual Policies & Protecting Your Income

In this episode, we're joined by Broc Buckles as we break down the essentials of disability insurance, discussing its importance, the different types available, and how it can serve as a crucial safety net for your income.

We explore group vs. individual policies, the significance of definitions like "own occupation," and the various riders that can enhance your coverage.

Whether you're a financial advisor looking to expand your knowledge or someone seeking to understand how disability insurance fits into your financial plan, this episode is packed with valuable insights.

Key Topics Covered:

• What is disability insurance?

• Group vs. individual disability policies

• Understanding elimination and benefit periods

• The importance of riders like cost of living adjustments and guaranteed purchase options

• Real-life scenarios and considerations for different professions