Disability Insurance for self-employed truck drivers

If you drive for a living, you’ve definitely seen at least one accident. Accidents and sicknesses happen every day and to everybody. To protect your lifestyle you need to protect your income with a personal plan for 24-hours coverage, whether you are at work, at home or enjoying your favourite leisure activity.

There are some disability insurance plans made especially for professional self-employed truck drivers. They replace their income in the event that they are hit with a disability for the period of time specified by the contract. However, unlike traditional disability insurance plans, those plans are not based on earned income. Instead, it’s based on gross business revenue, which takes into account lifestyle income, as well as earnings.

NO MEDICAL EXAM REQUIRED!

The Disability Insurance Plan for self-employed professional drivers is not only a replacement of your income but also:

• A whole package of extended medical care for the person
• The package helps you pay the expenses to run your business
• The Rehabilitation Program – professional services necessary to learn new duties based on your needs and that has been approved by the insurer
• Calculation of your MONTHLY benefits is based on your GROSS INCOME. Traditional disability plans protect “Earned Income” but your lifestyle income is not your earned income. This is why benefits can be based on your gross business revenue.
• Roadside loss of income provides benefit amounts between $1,000 to $5,000 per month
• Waiver of premiums during the disability period
• Partial disability option is on when the insured person is NOT considered a total disability. Sometimes a disability affects your ability to work part of the time. That’s when partial disability can help by paying 50% of the benefit amount for up to 180 days.
• Plan will cover you even during traveling time
• Benefits, such as loss of income are paid monthly for the period of time you are disabled up to the maximum amount of time allowed in the policy contract.

• Accidental Death and Dismemberment
• Accidental Para-Medical Expense Reimbursement
• Temporary Total Disability
• Continuous Total Disability

While you are disabled and benefits are being paid, you are not required to pay premiums and your coverage will continue.

For both injury and sickness coverage benefit amounts can be $500, $1,000 or $1,500 per month with the maximum allowable being 75% of your income. The benefit period is two years and you can get injury only, or injury and sickness coverage for very affordable rates.

Turn your insurance plan into an investment!