The short answer is probably everyone. Your ability to work and earn a paycheck is one of your most valuable assets. It is essential to help support yourself and your family, but what would happen if you became too sick or injured to work? What is disability insurance? Disability benefits replace part of your…
With the arrival of fall, two things are guaranteed to happen: leaves will begin to change color, and “Open Enrollment” will start for most employers. Employers will inform their employees about new benefits and price changes to existing ones. They will often add new benefits to these packages. Increasingly, voluntary payroll deduction products are offered…
Dan Jolivet, Ph.D., Workplace Possibilities Practice Consultant, The Standard Income matters to virtually all workers, and the replacement of a percentage of income by disability insurance payments can make a tremendous difference for people who face a disabling injury or illness. But what if their disability insurance could help them remain on the job…
Alexandra Ginieres Chief Marketing Officer, MGIS In a constantly evolving hiring market, employers are looking for ways to recruit and retain the best workers and must competitively search for the right talent. Employees have gained negotiation leverage and want higher salaries, a better benefits package, career advancement opportunities, and improved work-life balance. The labor…
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…
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…
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…
Nobody wants to spend money if they don’t have to. One way people save is getting a cheaper version of something. Sometimes this is a good idea, or it at least makes sense. It is probably a good idea to try the more affordable cabernet, a drill from Harbor Freight instead of a DeWalt, or…
Expecting a baby? congratulations! You may not know it, but disability insurance offers valuable financial benefits for expectant parents. In the event that you become unable to work during or after your pregnancy, here are some ways that disability insurance can help: Income Replacement Disability insurance will typically provides a portion of income if…
By Steve Perrigo Editor’s Note: SSDI is an often-overlooked income benefit for individuals with disabilities or serious illnesses. Many Americans workers are unaware of this critical benefit that they earned while working. Employers and employees fund this federal program by paying Federal Insurance Contributions Act (FICA) payroll taxes. No one thinks it will happen to…
