Your source for the latest health, disability and Insurance news and tips

The Best Father’s Day Gift Is Income Protection

Disability insurance is often overlooked when purchasing insurance; yet it is essential for families as it protects the family’s livelihood and income stream and the bread winner. A short-term disability plan is a smart option because it pays a percentage of the wages while a person is unable to work.

As a father, it is second nature to protect the family. Working hard every day helps ensure they have a roof over their head and food on the table. As Father’s Day approaches, take time to celebrate the responsibility and rewards as the family protector. Consider too, how to protect yourself.

“Often, dads get so caught up in purchasing insurance for family, homes and cars; they forget to purchase the right insurance for themselves. While life insurance plans protect the family should the unthinkable happen, many fathers fail to protect against financial loss due to a disability or injury,” says Frank Darras, America’s top insurance lawyer.

Disability insurance is often overlooked because most workers assume their companies will cover them if they get sick on the job. Others live according to the mantra “It won’t happen to me,” but it could happen. At age 30, the odds of having a disability before age 65 that lasting three months or longer is around 40%. Even under the Family Medical Leave Act (FMLA), fathers are only protected for up to 12 weeks in a 12-month period. This time off is unpaid unless they use paid vacation or sick leave. Once the 12 weeks is up, the position at work is no longer protected unless the employer offers a short-term disability plan, says Darras.

A short-term disability plan is a smart option because it pays a percentage of the wages while a person is unable to work. On average, it will pay around 60% of monthly earnings and usually run simultaneously with the 12-week limit set by the FMLA. Long-term disability plans cover policyholders even further, should they require more than 12 weeks of recovery, says Darras.

“Paying a little extra for an individual disability policy gives a father the ability to take advantage of the coverage, when it’s needed most. Disability insurance coverage provides peace of mind, in the event an illness strikes or some accident occurs and the father is unable to do what he does best,” says Darras.

So this Father’s Day, talk to a trusted disability insurance advisor and figure out the right type of disability insurance for your individual circumstance and lifestyle. Purchasing disability insurance is essential to protecting a family’s income stream, says Darras.

Our Promise To Our Clients:

  • FREE: Consultations and Insurance Case Evaluations Are Always Free
  • UNDERSTANDING: We understand how you feel. Our clients are often at the very bottom of their life, feeling emotionally, physically, and financially exhausted.
  • PASSIONATE PEOPLE: Our expert Attorneys and Dedicated Staff Love The Work We Do. We are Compassionate, Caring, and Results Driven.
  • UNPARALLELED RESOURCES: We will not be bullied or outspent by billion-dollar insurance companies or their army of lawyers. 
  • RESPECTED: We have fought and won the respect of every disability and Long-term care insurance carrier for our policyholders.
  • RESULTS: Frank Darras and his firms have recovered nearly a $1 billion dollars in wrongfully denied insurance benefits to date, and we put that proven track record to work for you and your family.

DarrasLaw is Americas' most honored and decorated disability litigation firm in the country. Mr. Darras has seen more, evaluated more, litigated more, and resolved more individual and group long term disability and long-term care cases than any other lawyer in the United States.

Request a Free, Confidential Case Review.
Skip to content