How much benefit will I receive?

You can purchase a monthly benefit that replaces up to 60% of your monthly income. The maximum monthly benefit you can purchase is $5000/month.

When will my benefits begin?

You are eligible to begin receiving benefits once you have satisfied the elimination (waiting) period. The most common waiting period is 90 days.

How long will my benefits last?

Benefits will last until you are no longer disabled or to the end of the benefit period that you apply for. The most common benefit periods are 2 years, 5 years or Age 67.

What will coverage cost?

Your cost depends on several factors to include age, occupation and the plan that you choose. By completing Step 1 in the process, you will see the exact cost of your coverage.

How can I pay my premium?

Available payment forms are credit card, debit card or draft from your checking account. Credit cards accepted include MasterCard, Visa, Discover, American Express & Diners Club.

When do I pay my premiums?

You can choose to pay your premium annually, semi-annually, quarterly or monthly.

Is Income Protection Assurance available in all states?

Coverage is available in 45 states and the District of Columbia. We do not currently offer coverage in CA, FL, MT, SD or NY, however, coverage should be available in those states in the near future.

What ages can apply for coverage?

Coverage is available for individuals between the ages of 18 and 60.

Will I need to submit financial information as part of the process?

No, financial documentation is NOT required during the application process.

How does the policy define disability?

You will be considered disabled, if, while under a physician’s care, you are unable to perform the material and substantial duties of your Own Occupation and are not engaged in any other Gainful Occupation.

Will my benefits be reduced if I receive Social Security or Worker’s Compensation?


Can I buy less than the maximum monthly benefit I qualify for?

Yes, while you are typically eligible to replace 60% of your income, you can choose a lesser monthly benefit if that best fits your needs.

Will I receive benefits if I go back to work on a part time basis?

Should you return to your job on a part time basis after you have been Totally Disabled, you are eligible to receive 50% on your monthly benefit for up to 12 additional months.

Am I guaranteed to be accepted for coverage?

No. You must qualify for the coverage, but you will receive a decision once you answer the questions in Steps 1 and 2.

What insurance company provides the coverage?

Income Protection Assurance policies are underwritten by National Guardian Life Insurance Company. Established in 1910, National Guardian Life Insurance Company (NGL) is a mutual life insurance company. As a mutual company, NGL is controlled by its policyholders and operate in their best long-term interests.National Guardian Life Insurance Company is rated A- (Excellent) by AM Best. Rating as of 12/31/2017. National Guardian Life Insurance Company is not affiliated with The Guardian Life Insurance Company of America, a/k/a The Guardian or Guardian Life.