Long Term Disability Insurance

Protection of your most valuable asset

Disability Insurance or Income Protection provides you with tax-free income if you are unable to work due to a Long or Short Term illness or injury.

Individual disability insurance is truly a basic concept. It is an insurance product designed to replace anywhere from 45-60% of your gross income on a tax-free basis should a sickness or illness prevent you from earning an income in your occupation.

Disability insurance is designed to protect your most valuable asset: your continued ability to earn an income. Since everybody earns a living in a different way, disability insurance quotes and policies must be tailored to your specific occupation

These products are often used in business situations such as Business Continuation Insurance, Business Overhead Expense Policy, Disability Buy-Out Policy and Key-Person Disability Policy.

Not all disability insurance polices are the same

Every disability insurance policy from every insurance company is very different; this is not a product to simply shop for the most competitive rate. To buy the cheapest disability insurance policy on the market is to throw money away. The odds of being paid a monthly benefit under a cheap contract may be significantly lower than receiving benefits from a quality contract.

Our goal is to provide you with a resource to make an educated decision on your own. We will provide you with information regarding the major features of a disability insurance policy so that you may better understand how to read a disability insurance policy. We will also present you with several options based on your specific needs.

Disability buy-out insurance

How it Works

A need is created for the business if you or a partner(s) were to become disabled. A buy-sell agreement establishes a predetermined business price and a buyer for the business interest. Disability buy-out insurance is commonly used to help provide the funding needed for the buy-sell agreement.


  • Assures a definite price and buyer under mutually agreeable conditions
  • Creates an automatic market price for the business interest
  • Assures customers, creditors and employees of business continuity
  • Active owners retain business control
  • Assures funds are available to execute the purchase

Business continuation

Disability Buy-Out Policies are used to fund a buy-sell agreement between partners or stockholders when one of the owners is disabled. The premiums are not deductible, but the benefit is received tax-free.

Key-person disability policy

The policy compensates the owners of a business if a Key-Person’s services are lost to the company because of a disability. The premiums are not deductible and the benefit is paid to the company tax-free.

About Optimized Benefits

Optimized Benefits is a Boutique Firm dedicated to providing smart solutions to the small and mid-sized business owners and their Employee Benefits plans
we have a focus on Retirement (401K) and Group Health plans

Contact Us

55 W Wacker Dr 14th Floor
Chicago IL 60601

312 263 1590 X 101


Check out the background of this investment professional on FINRA’s BrokerCheck: http://brokercheck.FINRA.org