take many things for granted until they're gone. For too many of
us, this includes our ability to earn an income. We insure our lives,
our homes, our cars - but we often forget the asset that supports
Consider these facts according to the 1996
edition of Accident Facts, published by the National Safety Council:
While someone makes a 10-minute safety speech, about 370 individuals
will suffer a disabling injury.
An average of 2,200 disabling injuries occur every hour during
In all, Americans experienced 19,300,000 disabling injuries in
the possibilities, if a disability kept you from earning your full-time
income, how would you pay your bills during your recovery?:
Use some of your savings?
Sell some of your assets?
Try to borrow money?
should I purchase disability insurance now? As with most types
of insurance, the older you get the more expensive the coverage
will become. Statistically you may be more likely to become disabled,
as you get older. It is not guaranteed that you can be insured and
as you increase in age; this will affect your ability to acquire
a policy. Most importantly an accident or debilitating illness could
strike at any time.
How much coverage should I consider? You
should consider obtaining enough coverage to maintain the present
lifestyle your family has. This means taking into account rent or
mortgage payment, food, cars and other monthly expenses. You should
be aware that income from Social Security benefits or employer related
plans most likely would not come close to covering your expenses.
Typical policies range from 60 to 70 percent of pre-tax income.
What are the types of disability insurance?
There are three types of disability policies, short term, long term
and business expense.
associates are ready to assist.
With Kindest Regards,