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Disability Income Insurance

PROTECTING YOUR GREATEST ASSET

Most individuals do not realize that their ability to earn income is their greatest asset. Your greatest asset is NOT your home. When you buy a new vehicle, you purchase an automobile policy. When you buy a home, you purchase a homeowner's policy. Our question is, when you purchase those policies, do you insure the entire car or home? Yes! Of course you. It doesn't make sense to only insure a fraction of the property. So why would you only insure a fraction of your income? Group disability policies are not enough coverage.  

  • 90% of disability claims are due to illness, not injury1  

  • 1 in 4 working Americans will become disabled before they retire2  

  • 1 in 5 working Americans have experienced at least one disability leave of absence during the past 10 years due to a condition, injury, or illness

  • The average long-term disability claim duration is 2.6 years3  

  • Group disability policies are not enough for high income earners 

Apply when you're young and healthy. When it comes to disability income insurance policies, they are better to have and not need than not have, but need. Ask yourself, how would you and your family be financially if you couldn't work for over 6 months? Could you still make the mortgage payments if you only had 60% of your normal monthly income?

 

Protecting your income is one of the most responsible decisions you'll ever make.  

Disability Insurance - Definitions and Terms You Should Know

1 Integrated Benefits Institute, 2018 Health and Productivity Benchmarking, Long-Term Disability

2 U.S. Social Security Administration Fact Sheet, June 2022 

3 The Council for Disability Awareness, https://disabilitycanhappen.org/overview/ , 2023

"THE PERFECT STORM OF MEDICAL BILLS, LOSS OF INCOME, ILLNESS AND INJURY - ALL CONSEQUENCES OF A DISABILITY - ARE THE LEADING CAUSE OF PERSONAL BANKRUPTCY IN THE UNITED STATES."

 - Guardian Workplace Benefits Study - 

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