Disability insurance policies pay an income when someone cannot work due to a sickness or injury. If the policy is owned and paid for by the individual then the income is tax free.

If the policy is given to the employee as a benefit and is paid for by the employer then the income is taxable. Benefits can be paid until age 65 with certain occupations. As brokers we can deal with any company that writes disability insurance in New Jersey. We try to match the client with the right product from the correct company.