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Minnesota Disability Insurance
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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. Disability insurance will provide you with an income should you become sick or disabled. |
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Even with benefits such as Minnesota 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. |
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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). |
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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. |
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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. |
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You can choose the length of the waiting period on your 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. |
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Review the types of individual disability insurance we offer residents
of Minnesota by clicking on a link below. |
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We are your local St. Paul, Minnesota insurance agency, offering affordable Flood
Insurance policy premiums in the following Twin Cities area towns and counties: Minneapolis, Bloomington, Roseville, Maplewood, North St. Paul, Oakdale, Woodbury, Cottage Grove, South St. Paul, Inver Grove Heights, Eagan, West St. Paul, Richfield, Burnsville, Edina, Lilydale, Mendota Heights, St. Paul Park, Lake Elmo, Newport, Cedar Grove, Savage, Shakopee, Eden Prairie, Minnetonka, Hopkins, St. Louis Park, Plymouth, Golden Valley, Columbia Heights, New Hope, Crystal, Robbinsdale, Brooklyn Center, Fridley, New Brighton, Maple Grove, St. Anthony, Arfen Hills, Shoreview, Vadnais Heights, Little Canada, White Bear Lake, Mahtomedi, Grant, Bellaire, North Oaks, Gem Lake, Mounds View, Lino Lakes, Blaine, Coon Rapids, Spring Lake Park, Lexington, Afton, Lakeland, Bayport, Stillwater, Apple Valley, Andover, St. Cloud, Mankato, Rochester, Duluth, Anoka, Champlin, Andover, Oak Grove, St. Michael, Hanover, Scandia, Forest Lake, Wyoming, Rosemount, Hastings, Vermillon, Coates, Ramsey County, Hennepin County, Dakota County, Anoka County, and Washington County, MN. We also offer insurance services in the remainder of Minnesota and throughout Wisconsin. |
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Proudly serving all of Minnesota
and Wisconsin for over a decade! |
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Baecker Insurance Agency, Inc.
373 Pedersen Street, Suite 104
St. Paul, Minnesota 55119
Ramsey County, MN
(651) 730-6666
Toll Free: 1-877-730-4678
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Copyright 2005 - 2008 Baecker Insurance Agency, Inc. - All rights reserved
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Disability Insurance Coverage Features
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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 Minnesota Worker's Compensation insurance does not apply. |
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You would begin receiving money from your Minnesota 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. |
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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. |
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Benefit periods of up to 2 years!
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Short waiting periods 1 to 14 days!
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Click on the link below to fill out a quote request form for a Short Term Disability Insurance
policy that will provide excellent insurance coverage at an affordable cost. Or you can speak with our Minnesota Disability Insurance agent specialist toll free at 1-877-730-4678 or locally at (651) 730-6666 to discuss the features. |
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(also Wisconsin)
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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 Minnesota Worker's Compensation insurance does not apply. |
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You can begin receiving money from your Minnesota 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. |
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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. |
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Benefit periods of 2 & 5 years!
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Short waiting periods 7, 14, 30, and 90 days!
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Guaranteed renewable to age 65
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24 hour coverage - on or off the job!
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$2,500 Accidental Death Benefit included!
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No restrictions on how the money is used!
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No benefit reduction at age 65!
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Hospitalization Rider pays up to double your benefit per month
(for two months) if an injury or sickness puts you in the hospital!
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Click on the link below to fill out a quote request form for a Long Term Disability
Insurance policy that will provide excellent insurance coverage at an affordable cost. Or you can speak with our Minnesota Disability Insurance agent specialist toll free at 1-877-730-4678 or locally at (651) 730-6666 to discuss the features. |
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(also Wisconsin)
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(also Wisconsin)
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**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. |
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Disability
Insurance
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Disability Insurance Specialists
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