One of the most important reasons for workers to buy disability insurance is, of course, income replacement. When a policyholder is sick or injured and becomes unable to work their disability insurance will cover a percentage of their monthly income, allowing them to pay their everyday expenses until they recover. But disability insurance plans generally…
By Sharon Scanlon, Lincoln Financial Group As a woman planted firmly in the sandwich generation, I’m happily helping my 80-year-old mom when she needs it, while also encouraging my youngest kids on their journeys to leave the nest. Across three generations, it’s no surprise that our family gatherings feature a variety of opinions on just…
This 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 part of…
There are Few Feelings Worse than Being EXPOSED. Before you go deleting your browser history—don’t worry—I’m not talking about anything sinister here. More along the lines of… Exposed for doing or saying something hypocritical. Exposed for not doing the right thing. Exposed for bad planning. But we learn from the pain. And if you’re in…
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…
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…
The Future of Work through Three Lenses: Climate Change, Artificial Intelligence & Disease by Margaret O’Neill, SmithGroup Part I: Climate Change This paper, focused on climate change, is the first in a 3-part series that considers the potential headwinds and tailwinds affecting work, as we know it in America. The paper will delve…
By Steve Perrigo No one expects to have a life-threatening illness or injury, but knowing how to safeguard your income can help deal with the overwhelm of treatment, recovery and bills piling up. It’s vital for U.S. workers including Baby Boomers, Generation X, Millennials and Generation Z, to understand the significance of federal disability…
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…
