McGough Insurance Services
Individual and Small Business Insurance Specialist
Disability and Long Term Care Insurance
Disability Insurance
Disability income insurance insures the beneficiary's earned income against the risk of a disability. It answers the question, "How would I pay for my living expenses if I became unable to work?" Disability Insurance protects your greatest asset: Your ability to earn an income in your chosen field.
Long term care insurance
Long term care insurance is designed to pay monthly benefits if you need in home care or nursing facility care. The policy begins paying monthly benefits after the insured has met the requirements of the policy and the designated waiting period (30, 60, 90 or 180 days) has been met. A typical long term care policy would start paying benefits after the waiting period has been met and continue the payments ($1000-$10,000) monthly for 24-60 months.