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…
This article originally appeared on the American Fidelity blog When you have to take time off from work, paid leave and disability insurance can help relieve some of the financial pressures of lost income. However, these two benefits are not the same. Key Differences Paid leave and disability insurance have different coverages but a…
Alexandra Ginieres Chief Marketing Officer, MGIS The ability to earn an income is what funds your lifestyle, your family, and ultimately, your future. Reliable income is the foundation of a sound financial plan; without it, financial consequences can be devastating and long-lasting. Luckily, we have the means to ensure a more stable future and…
By Steve Perrigo Social Security Disability Insurance (SSDI) and Social Security retirement benefits are two vital programs administered by the Social Security Administration (SSA). This year an average of almost 67 million Americans per month will receive a Social Security benefit, totaling about $1.4 trillion in benefits paid during the year. Social Security is the…
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…
My entire career, I’ve been told that “stories sell, not features.” This is so true because nobody cares about the products themselves, people only care about what a product can do for them. To know what something can do for you, you must put yourself in a scenario where you see yourself benefiting from it.…
By Anthony Favry Editor’s Note: Today, around 17% of the world’s population experience some form of disability – making individuals with disabilities the largest minority group in the world. Despite making up a large percentage of the world’s population, individuals with disabilities often lack access to employment. In fact, compared to non-disabled workers, the global…
By Steve Perrigo Editor’s Note: When you’re approved for Social Security Disability Income benefits by the Social Security Administration, you receive monthly financial payments (upon approval) and Medicare (after 24 months). A secondary benefit of SSDI is the ability to participate in the Ticket to Work program that allows beneficiaries of SSDI to return to…
When most people consider disability, they picture something catastrophic happening—an injury on the ski slope, or a speeding car hurtling into theirs—and, for the most part assume it can never happen to them. That’s why human resources experts often find it challenging to convince their employees of the importance of disability insurance even though you…
For HR folks, the fall is sort of like their own version of the retail holiday season or the big football final…that’s because it’s open enrollment, the time when employees are able to make major changes to their benefits plans without penalties. And just like retailers start planning their holiday promotions early, so should the…
