Why Millennials should Consider disability Insurance

Tall, dark haired and brown eyed; Bob was labelled as one of proteges in a large tech company that was well renowned for creating the best in the business. A fit and extremely intelligent 26-year-old who had a passion for mountain biking had a bright future ahead for him and his wife Meghan who had 2 children. Until one eventful day when the family was out mountain biking and Bobs back wheel burst, causing him to tumble down the mountain and left him in a wheelchair.
As a young worker, what is your greatest asset? It's not your house or your fancy car, but it is your ability to earn a living in the future.  The chances of you being unable to work due to sickness or illness are larger than those of a premature death, so if you can't work one day in the future, how will you manage? Living off someone else's income or state benefits may not be the best option. Plan ahead of time and sign up for disability insurance today!
These policies typically provide about 66% of gross earnings, unless you have an employer sponsored plan. The elimination period can vary from 30 days to one year, and the younger you are the better the chances of being successfully underwritten. So, plan ahead because you never know what the future holds. 

​

---