Disability

It’s human nature to think, “It won’t happen to me.” But when it comes to disability, the odds might not be in our favor as much as we’d like to believe. Did you know that more than one in four of today’s 20-year-olds will experience a disability before they retire? That’s a significant number, and it’s not something we can afford to overlook. The common misconception is that unexpected accidents mostly cause disabilities. However, reality […]

Business Overhead Expense (BOE) is a policy the assists business owners in paying operational expenses if they (the business owner) become disabled due to an accident or sickness and can no longer work. Here are some of the most common asked questions: What does BOE cover? Wages – Payroll and contributions for benefit; does not cover owner’s compensation Payroll Taxes Office Expenses – Utilities, equipment, custodial services, etc… Debts – Accounting, billing, and collection services. […]

Are all Disability Insurance plans the same?  Not at all.  Comparing plans can be a task, but it’s necessary in discerning the right plan to help benefit each clients’ specific needs.  Here at Producers XL we have the following carriers: Assurity Mass Mutual Mutual of Omaha Peterson International Underwriters Principal Standard Short-Term Disability vs Long-Term Disability Insurance Short-Term disability insurance is most often available through employers. These policies have short elimination periods with short benefit periods, […]

Value quality over price. Expect to pay 1 to 4 precent of your income for a good individual disability insurance policy.  With some purchases, cheaper is not necessarily better.  Three things that come to mind are life preservers, heart surgery, and disability insurance. Disability insurance is not a commodity; it is a contract that clearly spells out when a claim will and will not be paid.  There are significant differences between plans beyond the price.  […]

Hello everyone!  Let me introduce myself; I am Kristi Munoz the newest member here at Producers XL.  Some of you I have already talked with and know me as Kristi Brin; well, I recently got married!  I am excited to be a part of the Team here at Producers XL, and I look forward to helping you with ALL your Disability Product questions, quotes, and marketing ideas. Disability Insurance “Everyone who relies on a paycheck […]