- Do you know what your most important asset is? The answer may surprise you. It is your ability to earn an income!
- Disability insurance provides income when you get sick or hurt and can’t work. Having disability insurance is essentially insuring your paycheck.
Essential Part of your Financial Plan
Disability insurance is the most important part of a financial plan, yet many too many families go without. Don’t let it be you. You insure your car, right? You insure your house, don’t you? Disability insurance will pay for things like your mortgage, utilities and groceries if you get sick or hurt and can’t work.
Long Term Disability Insurance
Long term disability insurance can pay you a benefit until age 65 or 70.
Is Social Security Really Enough?
Everyone needs the ability to pay their bills, especially in the event of illness or injury. You can’t assume the government or state will take care of you. Social security disability is often hard to get approved and Washington state disability pays a limited benefit. Having your own individual disability insurance policy will give you peace of mind and full protection.
Short Term Disability Insurance
Short term disability insurance has a benefit period of 1 year or less.
You Determine the Price
The price of private disability income insurance depends on what you do for a living, your occupation and how much you make, your income. Also, the younger you buy it the cheaper it is. These factors, including your health, will determine the price of your disability insurance quote.
Do you have enough savings to take a 12 month vacation? If you can answer yes you’re on the right track. If the answer is no, you need to consider private disability insurance. With the average length of a disability claim being 12 months, you cannot afford to go without it