IF THE ANSWER IS YES, THEN YOU PROBABLY NEED DISABILITY INSURANCE.
While many people think disabilities won’t happen to them, the statistics show that this isn’t true. For example, a 30-year-old has a 50% chance of suffering a disability within 35 years. This chart shows the chances of suffering a long-term disability of 90 days or more before an individual reaches the age of 65. As you can see, it’s extremely important that to understand the risk of becoming disabled and the need to be prepared- in the unfortunate event a disability strikes.
People often incorrectly believe they will be covered by Social Security, Workers’ Compensation, or their own savings. This simply isn’t true most of the time. Although these programs and savings can certainly help to supplement your income, you can’t expect to replace your entire income using these sources. Social Security benefits are often difficult to obtain, since the restrictions state that you must be completely disabled with no hope of recovery for a period of at least one year, or have a disability that is expected to be fatal. Workers’ Compensation offers limited benefits, but only if you are injured while on the job. The last resort, personal savings, is often a risky place for you to place their faith. A short disability is likely to wipe out any savings, even if they are substantial. When no income is being generated, money for the mortgage, utilities, car payments, and other large expenses may consume your entire savings.
Your most valuable asset is the ability to work and provide an income for you and your family. Make sure you protect this asset with a Disability Insurance plan.
A quality disability insurance plan will provide you with coverage in the event of a disability.
Your ability to work is one of the most valuable assets you have, so leaving it unprotected can often be a foolish choice.
Priorities like keeping your house, car, and other assets make it essential to consider the possibility of a disability in your future. Call (866) 606-2261 today to discuss the right Disability Insurance solution.
Call (866) 606-2261 for your complimentary, no obligation disability insurance quote or click here to request a disability insurance quote via email.
34231 Camino Capistrano, Sutie 201, Capistrano Beach, CA 92624 - (949) 226-8390