Disability Insurance Almost Everyone Can Purchase By Eddie Holmes, PPOA Insurance Agency Manager
W
hat is your most valuable asset? Many of you may be thinking that it is things like your home, car, an investment account or your family. In some ways this can be accurate. However, your most valuable asset is your ability to earn an income! If you can’t work, for whatever the reason, you don’t have the funds to make your car payment. You can’t pay your mortgage. The deposits into your investment account have to stop, and your family could suffer extreme financial hardship. As a matter of fact, the major reason people divorce is due to financial difficulties. The Professional Peace Officers Insurance Agency (PPOIA) understands that you need to protect your income. We also understand that many of you have health issues that may make you uninsurable. Think about it: If you have a bad back, bad knees or diabetes, you are typically unable to purchase disability insurance. PPOIA is proud to announce that we now have disability insurance that almost any County employee can purchase. If you can answer these three questions properly, then you qualify for the insurance. The three questions are: 1. Is any person to be insured now being treated or has, in the last 10 years, been treated or diagnosed by a member of the medical profession for acquired immune deficiency syndrome (AIDS) or AIDS-related complex? The answer should be “no.”
2. Has any person to be insured been disabled or hospitalized on an inpatient basis or had outpatient surgery in the last six months? The answer should be “no.” 3. Is this insurance to replace or change any existing life (if applied for) or health (if applied for) coverage? If the answer is “yes,” provide the policy number and insurance company name. You can still purchase the policy, providing you are not overinsured. The enrollment period is open now. So if you or your friends are interested in purchasing disability insurance, please feel free to call us. If your department is interested, we would be more than happy to go to your department and meet with you and your co-workers. We have other insurance plans that will be available, providing you can answer these questions as given above. We will be introducing these insurance programs throughout the year in this column. These insurance plans are available via payroll deduction. Many of you have insurance policies of various types that were not purchased through PPOIA. Let us see if you can save money on your current insurance policies. Call us for a no-obligation insurance review at (909) 599-8627.
february 2013 | Star&Shield
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