Safeguard Your Income With Disability Insurance in New Jersey
Disability Insurance goes to work for you when you can't.
Unpredicted circumstances can disrupt your ability to earn an income due to illness or injury. This uncertainty can cause significant stress, especially if you’re the primary breadwinner or facing ongoing financial commitments.
At Cosmo Insurance Agency, we recognize the importance of securing your financial foundation when life takes an unexpected turn. That’s why we offer tailored disability insurance in New Jersey, to protect and replace your income during times when you’re unable to work. Disability insurance is not just a safety net — it’s a critical aspect of your financial planning strategy, ensuring that bills are paid, savings are preserved, and your family’s lifestyle is maintained.
Contact Cosmo Insurance Agency today to prepare for the unexpected with a personalized disability insurance plan that ensures your financial security.
Disability Insurance Coverage That We Offer To NJ Residents
At Cosmo Insurance Agency, we specialize in providing disability insurance options to New Jersey residents. We have individual and company solutions that can be customized to ensure financial stability in the face of unexpected health challenges.
Individual Disability Insurance
Individual disability insurance at Cosmo Insurance Agency is for residents seeking a personal safety net tailored to their unique professional and personal circumstances. Should you become incapacitated due to illness or injury, our policy steps in to cover a substantial portion of your lost income, helping you maintain your lifestyle without financial strain. We provide a range of coverage levels and benefit periods, allowing you to select the options that best fit your financial and career objectives.
Group Disability Insurance
Our group disability insurance plans in New Jersey offer employers a way to enhance the benefits package they offer to employees, helping attract and retain top talent. For employees, our group disability insurance acts as a reliable safety net, securing financial stability and providing peace of mind in the event they cannot work due to a disability.
By incorporating group disability insurance, employers foster a supportive and stable work environment where employees feel safe and valued in their roles with a more complete benefits package.
Life Insurance with Long-Term Care Insurance Rider
Our life insurance policies with long-term care insurance riders offer added flexibility and protection. With the option to accelerate death benefits to cover long-term care expenses, these plans provide comprehensive coverage for your evolving needs.
With a life insurance policy with a long-term care insurance rider, policyholders have the flexibility to access funds for long-term care expenses while also providing financial protection for their beneficiaries.
Hear From Our Satisfied Customers
“I am thrilled to write this 5-star review for Cosmo Insurance Company! They went above and beyond to help us get our three-month-old baby added to our health insurance policy, even though the special enrollment period had already ended. We were facing a challenging situation, and Cosmo Insurance Company came to our rescue.
Mark, Rebecca, and Dassi, the amazing team members we had the pleasure of working with, were absolutely phenomenal. They displayed exceptional professionalism.
We highly recommend Cosmo Insurance Company to anyone seeking reliable, caring, and efficient assistance with their insurance needs. Mark, Rebecca, and Dassi have our heartfelt gratitude for going the extra mile to make sure our family is taken care of. They have earned our trust, and we look forward to continuing our relationship with them for years to come. Thank you once again for your exceptional service!”
by Bernard Link
“Cosmo is truly a pleasure to work with. Their knowledgeable staff always return emails and calls quickly, they answered all my questions when choosing insurance plans for my family, and provided me with honest feedback about which plan would give my family the most benefits without spending the most money. I highly recommend them to family and friends.”
by Ariel Beniflah
Why NJ Residents Choose Cosmo Insurance Agency for Disability Insurance
Residents of New Jersey consistently choose Cosmo Insurance Agency for their disability insurance needs because of our unwavering commitment to providing exceptional value and support. We are an insurance broker dedicated to ensuring that our clients have financial protection, whether you’re seeking short-term relief or long-term security.
Don’t let unexpected events derail your life. Get a personalized disability insurance quote today.
Comprehensive & Affordable Insurance Plans
At Cosmo Insurance Agency, we believe that quality disability insurance should be accessible to all. Our policies include both short-term and long-term disability insurance options, catering to different requirements and budgets.
Each plan is structured to provide extensive coverage, ensuring that clients can receive substantial income replacement in case of disability. We keep our premiums affordable without compromising the quality of coverage, making it easier for individuals and businesses to protect themselves against financial hardship due to sudden illness or injury.
Lifetime Support
Choosing Cosmo Insurance Agency means more than just signing up for a policy — it means establishing a relationship that lasts a lifetime. We are committed to supporting our clients throughout the duration of their policies and beyond.
This support includes ongoing assistance with claims, updates to coverage as clients’ circumstances change, and helpful advice on how to obtain the maximum benefit for their insurance. Our team is always ready to answer questions, provide guidance, and ensure that each client receives the attention they deserve.
15+ Years of Quality Coverage
For over fifteen years, Cosmo Insurance Agency has been a trusted provider of disability insurance in New Jersey. Our long history in the industry is a testament to our commitment to excellence and client satisfaction.
We have built a strong reputation for reliability and quality, consistently delivering on our promises to our clients. Our experience enables us to offer expert advice and tailored insurance solutions that meet the evolving needs of individuals and businesses in the Garden State.
Types of Disability Insurance We Offer
Whether you are facing a brief period away from work or a more extended absence, we have coverage options to support your specific situation. Our offerings include short-term disability insurance and long-term disability insurance, each designed to provide peace of mind and financial stability when you need it most.
Short-Term/Temporary Disability Insurance
Short-term disability insurance from Cosmo Insurance Agency provides financial assistance up to 180 days when you are temporarily unable to work due to illness, injury, or surgery. Temporary disability benefits are ideal for covering your income during shorter recovery periods, ensuring that your financial obligations are met without dipping into savings or accruing debt. Clients can receive a significant portion of their regular income, usually around 60%, which helps maintain their standard of living during their recovery.
Long-Term Disability Insurance
For those facing longer periods of work interruption due to more severe medical issues, long-term disability insurance provides a crucial safety net after short-term disability runs out. Long-term disability insurance from Cosmo Insurance Agency offers sustained assistance of 60% of your monthly income to ensure you are financially stable until you can return to work or until retirement, if necessary. This insurance lasts several years or even until retirement age, providing long-term peace of mind.
Other Insurance Products We Offer
At Cosmo Insurance Agency, we provide more than just disability insurance in New Jersey. Understanding the varied needs of New Jersey residents, we offer a comprehensive array of insurance products to ensure holistic coverage across all aspects of life and health. Each of these products is tailored to meet the specific requirements and challenges our clients may face, providing security and peace of mind.
Comprehensive insurance coverage can safeguard your future. Get a quote today.
Long-Term Care Insurance
Long-term care insurance is crucial for anyone planning for their future. It covers the cost of senior care in various settings, such as at home, in community care, or in nursing facilities, that regular health insurance or Medicare does not cover. This insurance helps protect your assets by covering the high costs associated with long-term care, offering customizable insurance benefits and care options.
Health Insurance
Health insurance is fundamental to maintaining your personal health and financial well-being. Our plans are flexible, covering a broad spectrum of medical services including preventative care, hospitalization, and prescription drugs. These plans are structured to give clients the freedom to choose from a range of healthcare providers and benefit from comprehensive coverage at manageable costs.
Self-Insurance
For businesses, self-insured coverage provides a unique opportunity to manage their own health insurance risks. This arrangement allows companies to directly fund their own health plans, offering benefits like cost control, enhanced flexibility, and improved cash flow by paying for claims as they occur instead of regular premium payments.
Life Insurance
Life insurance offers essential financial protection for your dependents by providing a death benefit in case of the insured’s untimely death. Our life insurance options include term life, which offers fixed-rate payments for a specified period, and permanent life, which includes an investment component to build cash value over time.
Frequently Asked Questions About Disability Insurance in NJ
When do I qualify for disability insurance?
You qualify for disability insurance when you are unable to perform your work due to a medical condition or injury that’s covered under your policy. The specific terms and conditions, such as the definition of disability and the waiting period before benefits begin, can vary based on the policy you choose.
Generally, disability insurance policies require a medical examination and health history review as part of the application process. Once the policy is active, you will need to provide medical proof of your disability, typically certified by a physician, to initiate a claim for benefits.
Why shouldn’t I rely on Social Security disability benefits?
First, qualifying for Social Security disability benefits can be a lengthy and challenging process, with strict criteria and often requiring multiple appeals. The benefits provided are also generally lower than your previous earnings, which may not sufficiently cover your expenses or maintain your standard of living.
Furthermore, Social Security benefits do not kick in until at least six months after you become disabled. Private disability insurance from Cosmo Insurance Agency offers a more reliable and immediate solution.
If my employer offers a group disability insurance policy for the company, should I purchase an individual policy?
Even if your employer provides group disability insurance, purchasing an individual policy can be a wise decision. Group policies often have limitations and may not cover a significant portion of your income or specific needs. Additionally, group coverage typically ends when you leave the employer. An individual disability insurance policy is yours, independent of your job status, and can be customized to your specific needs, offering higher coverage limits and additional benefits.
What does disability insurance cover?
Disability insurance is designed to replace a portion of your income if you are unable to work due to a qualifying disability, which can include illnesses, injuries, and other medical conditions that prevent you from performing your job duties. The specifics of what is covered depend on the type of policy you choose.
Most policies provide monthly benefits that are a percentage of your salary, typically between 50% and 70%. These benefits can be used to cover daily living expenses, medical bills, and ongoing financial obligations.
Get A Personalized Quote For Your Disability Insurance Policy Today
At Cosmo Insurance Agency, we make the process of obtaining the right coverage straightforward and personalized. When you contact us for a disability insurance quote, you are taking a crucial step toward securing your financial future. Our team of dedicated professionals will work closely with you to understand your specific needs, career situation, and financial goals to ensure that the coverage we propose meets your exact requirements.
Contact Cosmo Insurance Agency today to receive your personalized quote for disability insurance in New Jersey.
