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Insurance by Need

Planning for Income Protection

Your ability to earn is likely your largest financial asset, yet it's the one most people leave uninsured — a disabling injury or illness can stop the paychecks a mortgage and family depend on. Disability and life coverage are easiest and cheapest to lock in while you're healthy, so the window to plan is now, not after a diagnosis.

Coverage to Consider Schedule Consultation

Who this coverage is for

This is for earners whose household relies on their income — parents, homeowners, and professionals with people or debts depending on them. It's also for anyone wanting to protect their family's finances against disability or an untimely death.

What it can help protect

Income protection guards the paycheck everything else rests on:

  • Disability income — a portion of your earnings replaced if illness or injury keeps you from working.
  • Life insurance — a payout to your family to cover a mortgage, debts, and living costs if you pass away.
  • Debt and obligations — the loans and bills that don't stop when a paycheck does.
  • Family stability — day-to-day expenses and future goals like education.
  • Health-based timing — locking in coverage while you qualify, before conditions arise.

What to bring to the first review

A simple summary of dependents, income, debts, existing coverage, and goals is enough for Sterling Lloyd to guide the next step.

Coverages to consider

The coverages most relevant to Planning for Income Protection, tiered by priority. Start a quote on any one, or have an advisor review the whole stack.

Core

Disability Insurance

Replaces income if you can't work due to illness or injury.

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Core

Term Life Insurance

Protects your family's income if you pass away.

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Recommended

Long-Term Care Insurance

Covers future care costs that health plans don't.

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Have an advisor review the whole stack →

Common Questions