Your paycheck pays your: mortgage/rent, utilities, car payment/insurance, food and more. You get the picture. Your paycheck allows you to live the lifestyle you’ve chosen.
But, what happens when you can’t work anymore due to an accident or illness? Your paycheck is reduced or stopped all together. But not your bills – they keep coming along with some new medical bills too.
How can you pay these bills without
• Spend your savings?
• Sell some assets?
• Rely on your spouse’s income alone?
• Borrow money from: family, friends, church or charitable organizations, bank, etc…?
How Paycheck Protection Works?
When will I get my first check?
You may choose eligibility for the payments to begin following 30, 60, 90 or 180 days of disability.
How long will my disability checks last?
You will continue to receive payments until you are able to return to work or the end of your benefit period; whichever comes first.
How long is the benefit period?
• 1 year
• 2 years
• 5 years
• To age 65
View how Paycheck Protection Insurance works here…
Click on image to view video.
Benefits for Paycheck Protection
Money (usually tax free) is sent to you each month so you can pay your bills and maintain the lifestyle you’ve established for you and your family.
What if I never use my coverage?
Will I get any money back?
Some companies offer a rider that will return your premiums less any claims paid at the age of 65. This is usually paid out tax free.
Quality Choice Insurance is proud to represent these companies:
• Assurant Health
• Assurity Life
• Champion Life
• Illinois Mutual