There are 33,000,000 small businesses in the United States and fewer than 3,000 purchased disability overhead expense in 2023. DI is often described as the “selfish” insurance. Your auto coverage pays for the mechanic to fix your car. Your homeowners pays the handyman or roofers to repair the house. Your health insurance pays the doctor,…
First, the Ankle Like many baby boomers, I participated in many sports and served in the military. For the most part, other than some incidental injuries, I made it to my ‘60’s’ and felt I would be able to continue to be active as I approached retirement and whatever followed. Well, my body answered very…
This article originally appeared on the American Fidelity Blog You may understand the importance of Disability Income Insurance but may be asking: Why aren’t more employees taking advantage of it? There are myriad reasons why employees aren’t electing the coverage. Lack of Understanding Many employees don’t understand what disability insurance covers, how it…
Alexandra Ginieres, Chief Marketing Officer, MGIS The ability to earn an income is what funds your life, and it is the foundation of your financial well-being. Disability income insurance protects your paycheck by replacing a portion of your income if you become too sick or injured to work. The reality is that one in…
Having spent most of four decades marketing and selling disability income insurance, including individual, group, and payroll products, I am still amazed at the general resistance by many working Americans to doing fundamental research and analysis of their own personal and family financial situation. The amount of life insurance sales each year dwarfs the combined…
If you’re in your mid-to-late 40s, the options to protect your income may be coming to an end. If you don’t have income-protection disability insurance, you may find it’s more difficult to get it and that the cost is increasing. Disability insurance? Yes, basic disability insurance is most affordable way to protect your income…
Creating an inclusive work environment is crucial for your business’s long-term growth. An intentional approach to inclusivity can reduce turnover, boost morale, and help your company avoid expensive lawsuits. Intentionally promoting inclusivity can help you tap into a larger talent pool, too. One in six people has a disability, meaning millions of applicants are…
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…
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…
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…
