New Jersey Disability Insurance

The most valuable resource that anyone possesses is their ability to
provide an income. If everything else that you own or care about is
insured and this ability is removed there may be no way possible to pay
the premiums on other insurance or even to keep that which is insured.
New Jersey Disability Income Insurance will provide you with an income
should you become sick or disabled.

Even with benefits such as New Jersey Workers Compensation and
Social Security, individual disability insurance benefits are still
important. A disability financially can be worse than death, since living
expenses continue and may increase due to a need for expensive
specialized care. Many people also purchase disability insurance to
help ensure a continuous income should they suffer disabilities that are
not covered by Social Security.

Individual disability insurance coverages pay a percentage of your salary
if you become temporarily disabled, meaning that you are not able to
work due to sickness or injury (excluding on-the-job injuries, which are
covered by workers compensation insurance).

New Jersey disability insurance policies have a fixed monthly benefit
that does not increase with time, although you can purchase extra
coverage, or riders, that offer higher payment schedules.

Disability types include:

Own Occupation - the inability to perform the duties of your specific
occupation or Any Occupation - the inability to perform the duties of
any job for which your education and training make you qualified.

You can choose the length of the waiting period on your New Jersey
disability insurance policy. Waiting periods can range from one week
to two years and the longer you wait the less your disability insurance
policy will cost.

You also can choose the length of the benefit period, which is how
long you will receive monthly benefits once your disability insurance
policy starts paying.

Review the types of individual disability insurance we offer
residents of New Jersey by clicking on a link below.

Short term disability insurance is sometimes referred to as Accident and Sickness insurance.
It provides benefits for a limited period of time, typically 26 weeks or less. Short term disability
usually provides coverage for accidents or illnesses outside of work when New Jersey
Workers Compensation insurance does not apply.

You would begin receiving money from your New Jersey short term disability insurance policy
within 1 to14 days after becoming sick or disabled. The actual time for coverage to begin
depends on whether you suffer an illness or injury. If you suffer an injury, your benefits will be
paid immediately. If you suffer an illness, it will take longer because there needs to be
sufficient time to show that the illness is grave enough to be disabling.

You choose the amount of income (up to 66% of your gross income) from $400 to $2000 a
month when you can't work due to an accident or illness.

Click on the link below to fill out a quote request form for a New Jersey Short Term Disability
Insurance policy that will provide excellent insurance coverage at an affordable cost. Or speak
with our Disability Insurance Agent specialist at 609-466-5300 to discuss the features.

Long term disability insurance provides benefits for a limited period of time, typically 2 or 5
years and is also usually guaranteed renewable until the age of 65. Long term disability
insurance usually provides coverage for accidents or illnesses outside of work when New
Jersey Workers Compensation insurance does not apply.

You can begin receiving money from your New Jersey long term disability insurance policy
when the "waiting period" time chosen for the policy is reached. Typically, 6 months to a year
is chosen for a waiting period in order to reduce your premium, but shorter times are available.

You choose the amount of income (up to 66% of your gross income) from $400 to $3000 a
month when you can't work due to an accident or illness.

Hospitalization Rider pays up to double your benefit per month

(for two months) if an injury or sickness puts you in the hospital!

Click on the link below to fill out a quote request form for a New Jersey Long Term Disability
Insurance policy that will provide excellent insurance coverage at an affordable cost. Or speak
with our Disability Insurance Agent specialist at 609-466-5300 to discuss the features.

**The information, pictures, and other content in this website about particular insurance services is
only provided for informational purposes. Any decisions regarding your insurance needs should be
discussed with a licensed insurance agent.

New Penn Insurance Associates

83 Princeton Avenue

Suite 3D

Hopewell, New Jersey 08525

Mercer County, NJ

(609) 466-5300

Toll Free: (800) 927-7475

Fax: (609) 466-7289