Guardian disability insurance quote refers to a price estimate provided by Guardian Life Insurance Company of America for coverage that replaces a portion of your income if you become disabled and unable to work. For example, if you have a policy with a monthly benefit of $2,000 and become disabled, you could receive that amount each month to help cover your expenses.
Disability insurance is essential because it provides a financial safety net in case you can\’t work due to an illness or injury. Benefits include peace of mind, income protection, and tax-free benefits. A key historical development in disability insurance was the passage of the Social Security Disability Insurance (SSDI) program in 1956, which provides benefits to disabled workers who have paid into the Social Security system.