The 60-Month Disability Plan pays the insured a specific amount of money each month following g a 90-day waiting period after the insured has become disabled. Many policies will not pay for a disability if you have the ability to perform another job. Under the 60-Month Disability Plan, “Your Occupation Coverage” pays benefits for a covered disability if the insured is unable to perform the material duties of his/her chosen occupation. There is an optional cash value benefit that will pay the insured a cash value return of premium once the policy has been active for a minimum of ten consecutive years. The cash value benefit will be a percentage of the original premium less any claims paid. For example, after the 10th anniversary, if you surrender your policy at this time you will receive 40% of the premiums paid. Unlike many other disability plans, the 60-Month Disability Plan is much less expensive. This plan is the solution for the person who wants income replacement coverage at a lower price.

• Personal Disability Coverage for Family Expenses: Following a disability, many people need to continue to receive a monthly check to cover monthly living expenses for their family.

• Key Man Disability: Disability coverage, at a great price, is an exceptional employee benefit for top personnel. This plan could also be used to supplement a company’s expenses if a key person were to become disabled. The optional cash value benefit allows the company to recover this expense if it is not used.

• Sole Practitioner Business Risk Coverage: A sole practitioner (attorney or accountant, for example) may need funds to cover business or personal expenses while recovering from a disability. The practitioner could utilize the monthly disability benefit to cover business or personal expenses which need to be paid during a disability.