817-485-5050 info@schwabagency.com

While you may be inclined to view disability insurance as a commodity intended only for the elderly, disability insurance benefits anyone who is constrained by finances. No matter how young and strong you may be, you are not invulnerable from injury and illness. Disability insurance allows individuals to receive financial stability if they become injured or ill to the point where they are unable to work.

This form of income protection will benefit you under any circumstances in which you are unable to work. There are multiple types of disability insurance policies, including group disability insurance and private disability insurance. Group disability insurance is typically provided by your employer, whereas private disability insurance is similar to any other insurance product in which you purchase yourself. You will typically receive more coverage through a private disability insurance policy, approximately 70% of your income. Group disability insurance policies typically yield a 60% income reimbursement.

Unfortunately, the majority of adults remain without disability insurance, claiming that it is either too expensive or that their job does not involve risks. However, the value you receive from obtaining disability insurance balances the costs if you are seriously injured. If you are unable to work for two months as a server of a restaurant due to a knee injury, you lose two months income. With a disability insurance policy, you are able to remain your current standard of living while you recover.

Although you may be inclined to pass on disability insurance, it is important that you think about how easily you could be injured, and how helpful that disability insurance policy would be if you did.

Contact The Schwab Agency for all of your Colleyville, Texas disability insurance needs. If you have been offered disability insurance through your employer, we can help you decide whether the group or private disability insurance route would be best for you.


The Schwab Agency

The Schwab Agency, LLC has over 20 years of experience within the insurance industry in our community and our goal is to bring you unparalleled service and dedication. Since the majority of our business is through long-lasting relationships with our clients, fulfilling your needs is of the highest priority.

COVID-19 Update:

Due to new increasing cases of Covid-19 our office will be closed to the general public until further notice. Our team will still be working full-time in the office and here to assist with all your insurance needs. Please contact us via phone at (817) 485-5050 or email: info@schwabagency.com.

We hope everyone is doing their part to protect themselves and their loved ones during these hard times, and thank everyone for understanding our decision to do our part to help protect our staff and those in our community.

Tim Schwab.
President and Managing Partner