425-415-6163

 

What is Disability insurance?

Disability insurance is Paycheck insurance.

Your paycheck is your greatest asset. Disability insurance helps protect your paycheck.

Losing your paycheck due to accident or illness is a major cause of bankruptcy.

Why do I need it?

  • Disability causes nearly 50% of all mortgage foreclosures, only 2% are caused by death.
  • An illness or accident will keep 1 in 5 workers out of work for at least a year before the age of 65.
  • Unexpected illnesses and injuries cause 350,000 personal bankruptcies each year.

What will it cost?

Your premium is based on

  • Your age
  • The monthly disability benefit
  • The waiting period (e.g., 60, 90, or 180 days)
  • The benefit period (5 years or to age 67).

Call for preliminary estimate – 1-425-415-6163


Heidi Peters now offering comprehensive financial services

Heidi Peters joined Utor Wealth in April 2018.  She has been a Registered Dental Hygienist since 1986 and started her own insurance company in 2004 to provide income protection products to other dental hygienists.  Working with Utor Wealth, she is now able to provide more comprehensive financial services to hygienists and others in the dental profession.  Heidi is a graduate of Carroll College and holds her Life and Health insurance licenses in Washington, Idaho, Arizona and Oregon.  Heidi is married with two adult children, two grandchildren and another on the way. In her spare time, she visits open houses, looking at color and design and learning the market while dreaming of flipping her first home.

Financial Representative, The Guardian Life Insurance Company of America, New York, NY. 2018-64104 Exp 08/2020

Email:hpeters1@utorwealth.com

Cell:425-876-4195

What happens if you can’t work?

More than one in four of today’s 20-year-olds can expect to be out of work for at least a year because of a disabling condition before they reach the normal retirement age.

- Social Security Administration, Disability and Death Probability Tables for Insured Workers Born in 1997

2018-04-23T17:56:20+00:00

- Social Security Administration, Disability and Death Probability Tables for Insured Workers Born in 1997

More than one in four of today’s 20-year-olds can expect to be out of work for at least a year because of a disabling condition before they reach the normal retirement age.

Social Security won’t replace full income.

At least 51 million working adults in the United States are without disability insurance other than the basic coverage available through Social Security.

- American Council of Life Insurers

2018-04-23T17:57:16+00:00

- American Council of Life Insurers

At least 51 million working adults in the United States are without disability insurance other than the basic coverage available through Social Security.

How long will your savings last if you get sick?

Only 48 percent of American adults indicate they have enough savings to cover three months of living expenses in the event they’re not earning any income.

- Federal Reserve, Report on the Economic Well-Being of U.S. Households in 2016

2018-04-23T17:57:56+00:00

- Federal Reserve, Report on the Economic Well-Being of U.S. Households in 2016

Only 48 percent of American adults indicate they have enough savings to cover three months of living expenses in the event they’re not earning any income.

Disability by its nature is unexpected.

Almost half of American adults indicate they can’t pay an unexpected $400 bill without having to take out a loan or sell something to do so.

- Federal Reserve, Report on the Economic Well-Being of U.S. Households in 2016

2018-04-23T17:58:24+00:00

- Federal Reserve, Report on the Economic Well-Being of U.S. Households in 2016

Almost half of American adults indicate they can’t pay an unexpected $400 bill without having to take out a loan or sell something to do so.