Enrollment Open for Disability Income Plan

By Ed Parker

A special enrollment period is now underway for the NYSSCPA-sponsored Disability Income Plan. The plan offers a choice of $2,000 or $3,000 in monthly benefits paid for up to two full years, in addition to any other disability benefits you might receive, including Social Security.

The Disability Income Plan provides an alternative income in the event of a covered disability. Insurance experts agree that this kind of coverage is an excellent way for professionals to protect their savings and enhance their financial security. Society members and their employees are eligible for coverage provided they are under age 60, working on a full-time basis (at least 20 hours per week), and not in full-time active military service.

The plan is underwritten by the United States Life Insurance Company. United States Life has received an A+ (Superior) rating from A.M. Best Company, the insurance company rating authority. This rating represents a sound financial background and exceptional operating performance.

Benefits include provisions for spouses and dependent children, rehabilitation, disability resulting from pregnancy, cost-of-living, and more. With competitive group rates, the plan offers a cost-effective way to provide for future disabilities without relying solely on savings.