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.
Disability insurance myths are pervasive. Disability myths are somewhat dangerous because they may prevent you from protecting your greatest financial asset—your ability to earn a paycheck. When you think of disability insurance, do you think about insurance that covers disability due to a relatively severe accident? Many people do. What about the chance of a disability happening to you? You are a careful person and you have a desk job. No need for disability insurance, right? Well, the preceding scenarios make up two of the larger disability insurance myths. It makes you wonder how many other disability insurance myths you believe.
Your ability to earn income is your most valuable asset. People tend to insure their property and their “things,” but frequently overlook the source that makes it possible to maintain their lifestyle—the ability to earn income. But what about disability insurance for the self-employed? Could it be extra important for them to have an income protection plan?
Excuses. Excuses. Excuses. Do you use them when justifying not purchasing Disability Insurance? If so, here is a compilation of popular excuses, and why these excuses, once looked at a little closer end up to be largely unfounded.
With about half of all U.S. adults dealing with one or more chronic health conditions, critical illness coverage is something we should all consider.
If you want to protect your income to preserve the retirement you deserve, here are a handful of things to be wary of and guard against.
As we approach the holiday we have created to honor love, here are a few more good reasons to get income protection through disability insurance.
These five crazy work injuries should remind you to stay alert on the job. Income protection begins with protecting ourselves.
A great way to further your personal finance learning is to read books about it. Today, we share five books to help further your finance and investing knowledge.
This holiday season, it was our pleasure to bring you the “Eight Days of Income Protection.” This series aimed to challenge our readers to start 2016 off with a personal finance and income protection plan. Here, we round up all eight posts.