The importance of disability insurance for millennials

Understanding the Importance of Disability Insurance for Millennials

By Darlena Holland. HowThis article originally appeared on the American Fidelity Blog. Zip-lining in Costa Rica. Parasailing in Cabo. Skiing in Colorado. In today’s world, millennials have more access than ever before to new experiences, new adventures, and new opportunities to cross items off their bucket lists. Because of their active lifestyles, disability insurance is an important…

Working in your 70s and 80s

How Working in Your 70s and 80s Might Be a Good Thing

If you’re age 40 or 50, you may begin to hear the concept of “multistage life” replacing “retirement”. Let’s face it, with rapidly increasing life expectancy rates, retiring near age-65 could become an old school notion.   Look at what’s happening today in the U.S. labor force. Between now and 2030, only one age group…

How to Financially Protect Families With A Stay-at-Home Partner

How Can We Help Financially Protect Families With A Stay-at-Home Partner?

When talk of disability income insurance comes up, you probably understand how important it is to protect the breadwinner. Particularly in households where only one person earns an income, disability income insurance (DI) is critical coverage for those who want to financially protect themselves and their loved ones. Insuring a portion of your paycheck with…

Open Enrollment 2022: The employers guide to group disability insurance

The Employer’s Guide to Group Disability Insurance

Group disability insurance is an important (but sometimes overlooked) employee benefit. Just how important? Research finds that 75% of employees would have trouble paying for basic living expenses after several months if they became disabled and were unable to work. At a time when competition for top talent is high, and health and financial security are…

Open Enrollment 2022: Short- vs. long-term disability insurance: How it works

Short- vs. long-term disability insurance: How it works

This article originally appeared on the American Fidelity Blog Understanding the differences between short- and long-term disability insurance can be tough and knowing which coverage is right for you is not always easy. However, disability insurance can be an essential part of a solid financial plan, so it’s important to understand your options. What is…

Open Enrollment 2022: The financial risk of Alzheimer’s disease

The Financial Risk of Alzheimer’s Disease

By Amy Fontinelle Editor’s Note: This blog post from The Council for Disability Awareness’ member company, MassMutual, defines how much of a problem Alzheimer’s disease and other forms of dementia are becoming as people live longer; points out how significant the direct and indirect costs of caring for someone with dementia are becoming; and recommends steps for estate planning and preparation that…

Open Enrollment 2022: Position individual disability income insurance effectively

Position Individual Disability Income Insurance Effectively

Scott McCarthy, Regional Vice President, Sales & Distribution, Ameritas Life Insurance Corp. Managing and understanding risk is not a strength for many people. It’s also why financial professionals need to be effective at helping clients make changes that address long-term financial needs. Changing the conversation In discussions with colleagues, I frequently comment on the need…

Autumn's Personal Story

Autumn’s Story: An Inspiration

Editor’s Note: In 2017, Autumn attended the Route 91 Harvest Festival in Las Vegas, and her world turned upside down. One of the many victims of the tragedy, Autumn was seriously injured and found herself facing a long recovery. “I woke up and was wired shut,” she said. “I had a tracheostomy because the blocked…

Open Enrollment 2022: The effect of inflation on benefits enrollment

The Effect of Inflation on Benefits Enrollment: Reducing Benefits Means Increased Risk

By: Kelsey Bradbury, AVP Market Intelligence, Lincoln Financial Group   Editor’s Note: With many competing financial priorities, it’s not surprising that some employees may choose to decrease their benefit expenses as a way of managing their personal impact from inflation. Which is why it’s important that when enrollment time arrives, employees fully understand the purpose…

Open Enrollment is a Great Time to Focus on Your Financial Wellness

Beyond Your Benefits Package: Why Open Enrollment is a Great Time to Focus on Your Financial Wellness

Alexandra Ginieres Head of Disability Marketing, Individual Markets Guardian Life Insurance Company of America®   Editor’s Note: It’s that time of year when many employees are reviewing their employee benefits, renewing their previous choices or selecting new options, and considering financial products they can (or did) buy on their own such as disability and life…