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Individual Disability Insurance Policies are Valuable to Working Women, Frank N. Darras of DarrasLaw Offers Important Insight

Ontario, CA (PRWEB) February 05, 2014 

According to the New York Times, more and more women are providing for their households. As this change occurs, the need for women to have individual disability insurance increases tenfold. While employer provided policies could be beneficial as well, they often include few consumer safeguards and onerous limitations on benefits. The definition of disabled and the length of the benefit period can change from policy to policy, meaning employees may not receive the same benefits from job to job. (New York Times, U.S. Women on the Rise as Family Breadwinner, May 29, 2013)

Typical disability policies provide about 60% of the base salary, which can leave a policyholder trying to figure out how to cover monthly bills. Social security benefits are also not reliable in most cases since they dont cover short-term disability or any sickness or injury lasting less than 12 months.

To determine how much disability insurance you need, the California Department of Insurance suggests you add up your necessary monthly expenses — such as housing, car loans, food, utilities, and child care– and then subtract any investment income. This is the amount you need to cover expenses in case of disability. Then add up whatever monthly long-term disability payments you would hope to get from your employer, and add to it your take-home pay. This is your income in case of disability, (Disability Insurance and Women: WebMD, February 3, 2014).

With individual disability polices, women can determine how much they will need to purchase in order to cover expenses without having to scramble to pay bills while being disabled. Policyholders will just need to decide how much they qualify for and how long the benefits would pay out.

With the increased risk of disability as they grow older, women especially need to take a good, long look at an individual disability insurance policy, says Frank N. Darras, Americas top disability insurance lawyer. With the increase in women working and providing for their families, a debilitating injury or extended illness could be a financial blow for a household. With the current economy, all families should discuss purchasing a disability policy for the very real chance of becoming disabled and unable to work.

The likelihood of women suffering from chronic and debilitating conditions is higher than men meaning insurance premiums tend to be more expensive for women since they historically make more disability claims. According to the Centers for Disease Control, women have a significantly higher chance of reporting disabilities, especially arthritis (Women and Disability Risks: Journal of Financial Planning, February 3, 2014).

There are many insurance experts throughout the country that women can work with to find the right individual disability policy thats right for them, says Darras. These experts can work to figure out how much coverage someone needs while also saving them premium dollars. As disability risks increase the older they get, women need to look at disability insurance as another necessary insurance like health and auto. They may not see the importance of it right away, but there will come a time when their disability insurance policy will save their family from financial difficulties.

Frank N. Darras is available for interviews. Contact Robin Nolan 800-880-9991. New Post has been published on Active Health

New Post has been published on

Big Contracts for MLB Athletes Means Disability Insurance Policies are a Must: Frank N. Darras, Lawyer to the Pros, Offers Insight

(PRWEB) January 23, 2014 

Disability insurance for major league baseball players is a must, due to the high risk of injury resulting in the end of a profitable career. With home plate collisions, rotator cuff tears and knee injuries, baseball players can be injured just like in any other sport. Kirby Puckett, a centerfielder for the Minnesota Twins, was hit by a fastball in 1995, resulting in a broken jaw. He was later diagnosed with glaucoma in 1996 but three surgeries failed to repair his vision, which meant the end of a 12-year career.(Bleacher Report, Minnesota Twins: The Most Important Day In Twins History, October 26, 2010)

Due to the competitive nature of major league sports, there is a higher chance of being disabled with a corresponding significant loss of income. Injuries requiring a disability insurance policy dont necessarily even happen on the field. According to Sports Illustrated, Joba Chamberlain of the Yankees suffered an open dislocation of his right ankle while playing with his 5-year-old son on a trampoline, (Baseballs Most Bizarre Injuries: Sports Illustrated, January 17, 2014).

Coverage for a major league player will have to supplement their current lifestyle if a debilitating injury should occur, which could mean millions of dollars with a high limit disability insurance policy, comments Frank N. Darras, Americas Lawyer to the Pros. To protect their income, most professional athletes add own-occupation protection to their disability insurance policies.

The definition of own-occupation is very flexible and allows athletes (with the assistance of a top insurance lawyer) to select a policy so they may receive full benefits even if they can find another career such as a sports broadcaster or coach. An individual insurance policy that covers athletes who become disabled and are unable to perform the important occupational duties that they have been trained to perform, is key. This type of insurance policy is contingent on the individual being employed at the time the disability occurs, (Own-Occupation Policy Definition: Investopedia, January 17, 2014).

Dave Dravecky is an example of a star athlete who would have benefited from an own-occupation protection policy. He was a pitcher for the San Francisco Giants and had a cancerous tumor removed from his pitching arm in 1988. Once he was back on the field, he broke his humerus bone while throwing a sixth inning pitch in a game against the Expos. Sadly, his cancer eventually returned and his arm had to be amputated, yet he was able to become a motivational speaker. Under an own-occupation disability protection policy, Dravecky would have still recovered his full disability benefits even though he worked as a motivational speaker. (Life Health Pro, 10 athletes we hope had disability insurance, July 25, 2012)

With spring training fast approaching, baseball players should update their policies or talk to their agent about signing up, advises Darras. The potential for serious injury is high, even though physical contact isnt the typical cause like in hockey or football. Pro athletes should make it a top priority to consult with a disability insurance lawyer who can help them create a policy that meets their best interests.

Lawyer to the Pros, Frank N. Darras available for interviews. Contact Robin Nolan.


Pöysti and Heidi Somervuo at the top of the mountain, and the hangover stops