Disability Income Protection
This coverage provides for an executive's paycheck to be guaranteed on a tax-free basis if he/she becomes sick or hurt and unable to work in their "Own Occupation".
Further, this coverage allows UTCA owners the ability to select which executives can participate.
Such monthly, tax-free benefits are paid up to age 67. The monthly benefits can increase each year in order to keep up with inflation. When the benefits are paid out, the premiums are terminated until the executive returns to work. Base premiums are contractually guaranteed to remain level.
This coverage provides for both total and partial disability benefits depending on your needs. The rates are discounted by 10% exclusively for only UTCA members.