Long-term disability insurance

One of your most valuable assets is your ability to earn income. That's why it's so important to protect this if you suddenly are not able to work.

 A wheelchair user reviews her long-term disability insurance options.

Building the future you see for yourself and those you care about is a goal that's worth the effort. We're here to back you up by providing insurance to help you maintain your income if you aren’t able to continue working because of an injury or sickness.

Long-term disability insurance offers financial assistance for things like everyday bills and keeping your long-term savings and investing strategies intact. Disability insurance policies insure you against the loss of employment earnings if you aren’t able to continue job duties because of an injury or sickness.

Features

  • Coverage that more closely approaches your employment income level. 

  • Coverage of bonuses, commissions and other applicable compensation.

  • Portability – coverage that continues, even if you change jobs.

  • Survivor benefits.

  • Tax advantages, since benefits are generally tax-free.

  • Policy provisions that can't be canceled or changed as long as premiums are paid.

Renewal options 

  • Non-cancelable - This guarantees you the right to renew a policy for a certain number of years at a specific rate or premium.

  • Guaranteed renewable - This guarantees you the right to renew a policy, but it allows the insurance company to adjust the premium at the time of renewal.

Definitions

  • Own occupation - You're considered eligible for benefits if you are "unable to engage in the principle duties of your own occupation."

  • Any occupation - You're considered for benefits only if you are "unable to perform the duties pertaining to any gainful occupation."

How we can help

Talk to your local Edward Jones financial advisor to learn more about which options might be best suited for you.

Important Information:

Edward Jones is a licensed insurance producer in all states and Washington, D.C., through Edward D. Jones & Co., L.P., and in California, New Mexico, and Massachusetts through Edward Jones Insurance Agency of California, L.L.C.; Edward Jones Insurance Agency of New Mexico, L.L.C.; and Edward Jones Insurance Agency of Massachusetts, L.L.C.

Edward Jones receives payments known as revenue sharing from certain mutual fund companies, 529 plan program managers and insurance companies (collectively referred to as “product partners”). For more information, see Revenue Sharing Disclosure.