Disability Insurance
What is the 1 or most important insurance you can buy?
Usually, disability insurance or disability income insurance is something that we do not considered when we are shopping for insurance. We buy insurance for our cars, our boats, our houses, more importantly for our toys. However, we over look the facts. One of most important facts is that when we purchase an automobile insurance, we are really buying insurance for others drive, not for ourselves. If you disable someone, your policy pays for them.
Think about about this…
- Your auto insurance coverage goes to the other guy you hurt
- Where do you homeowners insurance coverage go? to the bank
- Your life insurance goes to your heirs.
On the other hand, your disability income insurance goes to you. Why? because you still an expense to your your family
When you purchase disability income insurance, you are protecting not only ourselves, but those that depend on us. If for some reason you can’t work, this will cover part of that income that you just lost.
Take a look at the chart below, it explains the risks of losses.
| Assets | Odds of Loss |
| Vehicles Totaled | 1 Out of 20 |
| House Burned | 1 Out of 100 |
| Boat Totaled | 1 Out of 15 |
| Disability | 1 Out of 3 |
Disability Insurance Quick Facts
- 90% of workers underestimate their chances of becoming disabled
- 56% don’t realize disability is on the rise
- 85% express little concern about suffering a disability
- 64% of workers unaware of what happens to 401(k) contributions if income stops
- 57% never discussed how they would financially manage a disability
As individuals, who depend on our income to support our families and ourselves, disability insurance is something that we should take in consideration. The reason why, is because you do not know whats going to happen tomorrow.
Fill out this short contact form and one of our disability insurance specialists will contact you in less than 24 hours.
cforms contact form by delicious:days