Disability insurance should not be overlooked for financial health

Disability Insurance

The consequences of leaving it out of future planning can be expensive. As important as disability insurance may be, it is among the most forgotten forms of coverage in a financial plan over the long term. The importance of homeowners, auto, health, and life policies are far better known. It is important to recognize, however, that disability insurance is the coverage that you will need if you should ever be forced to leave your work for a period of time due to illness or injury. This is the protection that…

Read More

Disability insurance health proofs your retirement plan

Disability Insurance

Are your golden years protected against the cost of illness and injury? Though disability insurance is considered one of the key elements of any sound retirement plan, all too many Americans are finding themselves without this vital financial protection, even if they diligently max out their IRA and 401(k) every year. Individuals and financial planners alike are overlooking the need to discuss this topic. Though many concentrate hard on the risk of remaining employed due to economic circumstances, many are neglecting to remember that there are other reasons that an…

Read More

How disability insurance can provide security to the household finances

Disability Insurance

Consumer advocates and personal finance experts are trying to educate the public about its importance. For most people, throughout their working lives, the financial security of their family is based on their current income and not an asset that has already achieved its full value, making long term disability insurance a highly valuable and yet greatly overlooked element of any personal finance strategy. One of the most devastating events to a family’s finances is a disabled earner who cannot continue to work. This is the case at any point in…

Read More