Disability Income Insurance
Protect your income and dreams for the future
Your ability to earn an income is one of the most valuable assets you have. Disability income insurance is essential to helping you protect your income and grow your assets if a long-term illness or injury prevents you from working. RiverSource® disability income insurance can help you protect and secure your financial future by providing:
- Income protection — Disability income insurance provides a monthly benefit to help cover expenses and provide for those who depend on you. Unlike most employer-paid group policies, RiverSource disability income insurance covers bonuses and commissions, not just your base salary. It also helps ensure protection for your occupation so that you won't have to immediately begin working in another job.
- Savings preservation — What would happen to your savings if you were unable to earn an income because of a disability? Insuring your income can help preserve your savings and investments for future goals.
- Retirement planning — Did you know that when you're on disability, you may not be able to make contributions to your employer's retirement plan? You could also miss out on retirement plan contributions made by your employer. Disability income insurance can help provide you with the resources to continue investing in your financial future.
Simple coverage options
With RiverSource disability income insurance solutions, you can choose among convenient predesigned coverage options – Base coverage, Enhanced coverage and Comprehensive coverage. Or, you can customize the coverage that’s right for you.
New: Income Protection Essentials
Also available, RiverSource Income Protection Essentials is designed for those in the stage of life when protecting income may be their most important insurance need. Income Protection Essentials includes:
- RiverSource Income Protection Life — a term life insurance product that provides a monthly death benefit.
- RiverSource Income Protection and Income Protection Plus — disability income insurance that provides a monthly benefit in the event of disability.
Save 5% on your disability income insurance premiums
When you purchase both an Income Protection Life insurance policy and Income Protection or Income Protection Plus disability income insurance policy, you may be eligible to receive a 5% permanent discount on your disability income insurance premium. Offer not available in all states, including New York, and restrictions apply. See your financial advisor for details.