How would you finance an unexpected disability? Here are three other ways to potentially cope with replacing your lost income when you’re out of work due to a disability.
Did you know more than half of the American workforce has no private disability insurance? Disability insurance replaces a portion of your income if you are unable to work due to an illness or injury.
Supplemental disability insurance provides the benefit of receiving around 80 percent of your take home pay instead of around 60 percent if you have no supplemental disability insurance.
A pre-marital financial discussion is a must for those who want to establish a financial foundation and a relationship of trust and teamwork.
Long-term disability insurance is income protection. If you become disabled, your medical bills may be covered by health insurance, but how about insuring your income?
One study has Millennials averaging a 625 credit score. That is not a great score and lower than any other generation. But this score can be raised with some simple financial advice we feature in our Millennial financial advice roundup.
The following are frequently asked questions about disability insurance. Hopefully, they will help you as you determine what type of disability insurance is best for your income protection.
Unfortunately, our brain was not designed to handle the repercussions of a delayed return. The result? Potential feelings of worry, stress, and anxiety. One of the greatest reasons behind why we worry is the constant uncertainty of the future.
One of the quickest ways to hurt your retirement plans is a lack of a plan. Do you find yourself in this circumstance? Then it’s time to create a retirement account plan. Once you do, you will need to avoid these seven money mistakes.
No one can guarantee that you will never become disabled, but there are numerous ways, through lifestyle choices, where you can lower the chances of disability greatly.