How Long Could You Survive
Financially Without a Paycheck?
Whether you have a family or are a team of one, the bills don’t stop just because You are sidelined with an accidental injury. When accidents happen, Income Protector can help by providing monthly benefits to assist You with bill payments and general expenses. Don’t let the unexpected stop You in your tracks. We hope an accident never happens, but if it does, it’s better to be prepared. Incomeprotector can be an important part of Your overall game plan of protection.
- 49% of workers would have difficulty supporting themselves within one month of becoming disabled.1
- In the U.S., a disabling injury occurs every second.2
1The Disability Survey conducted by Kelton Research on behalf of the LIFE Foundation, April 2009
2National Safety Council®, Injury Facts® 2010 Ed.
IncomeProtector is not available in all states please contact licensed agent for more information. Limitation, Waiting Periods and Exclusions apply.
The individual mandate of the Affordable Care Act (“ACA”) generally requires individuals to maintain “minimum essential coverage” in 2014 and beyond, or be
subject to the payment of the annual shared responsibility payment, the amount of which is based, in part, upon the individual’s household income each year. The IncomeProtector Plan is a short term accident disability income insurance plan which pays monthly benefits to
the Insured upon totally disability due to a covered accident while the Insured is actively employed, as such it is not “health insurance coverage” under the ACA,
Workers Compensation coverage under state law, an “essential health benefits” under the ACA or considered “minimum essential coverage” under the ACA.
Therefore, unless an Insured under the IncomeProtector Plan has an exemption from the ACA’s individual mandate or maintains “minimum essential coverage”
under the ACA, the Insured will be subject to the ACA’s shared responsibility payment.