Health Insurance Allstate debuts individual disability policies Written by Insure.com | Posted on: December 7, 2009 Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry. Allstate Insurance Co. is now selling individual disability policies that allow policyholders to maintain a portion of their income while disabled, regardless of whether the disability is work-related or due to sickness or injury. Called “Heritage Protector” and “Heritage Protector Plus,” the individual policies are available through Allstate agents and allow individuals to apply for benefits up to 60 percent of their income with a minimum benefit amount of $400 per month and a maximum of $7,000 per month. The policies also carry a choice of benefit periods (two years, five years, and up to age 65) and a variety of waiting periods (30, 60, 90, 180, and 365 days). Policyholders may also purchase optional benefits, such as accidental death and dismemberment and inflation protection. “Many Americans do not realize the importance of individual disability income insurance,” says William H. Monie Jr., executive vice president of Allstate’s workplace division. According to a recent survey released by the Consumer Federation of America and the American Council of Life Insurers, 82 percent of workers in the United States either have no long term disability coverage or have coverage they believe is inadequate. Related Articles The basics of accidental death and dismemberment insurance Health insurance basics More health insurance stories Related Articles How much does COBRA insurance cost? By Les Masterson A complete guide to short-term health insurance By Shivani Gite Guide to domestic partner health insurance By Chris Kissell How insurance works for same-sex couples By Susan Manning How to buy individual health insurance By Nupur Gambhir Should you decline the health insurance plan at work? By Erik Martin ZIP Code Please enter valid ZIP See rates