Your most important asset is not your home, your car, your jewelry or other possessions; it’s your ability to
earn a living. Think about it; all of your plans for the future, from buying a home to putting your kids
through college to building a retirement nest egg, are based on the assumption you will continue to earn a
paycheck until you retire. What would happen if those paychecks stopped? That is where disability
insurance comes in. Disability insurance provides an income to you and your family if you are unable to
work because of illness or injury.
You are 7 to 10 times more likely to suffer an incapacitating illness or injury than premature death. Think
about how much you earn in a year and what that would be over a lifetime. The financial consequences of
a lengthy disability could literally cost you millions. A twenty five year old individual who makes $50,000 a
year and suffers a permanent disability could lose $3.8 million in future earnings. You don’t hesitate to
insure your home, car and other valuable possessions, so doesn't make sense to insure something that is
much more valuable than all those things?
In addition to replacing your income, disability insurance can pay the fixed overhead expenses of your
business, pay off a commercial loan and fund a retirement program. There is a disbility policy available to
address each of these specific needs.
To learn more about disability insurance and receive a quote, please click here.