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Wage Protection / Disability Insurance

Disability insurance pays you an ongoing benefit if you become disabled and unable to work. If you lose your ability to earn income (your most valuable asset) you can lose most of your savings. For example, if you saved 5% each year, a 1 year disability could erase 20 years of saving. Another example is that about half of all home foreclosures happen because of a disability.

If you are retired or earn mostly investment or dividend income, you may not have a need for disability insurance. You may consider long term care insurance to preserve your assets. To protect your earned income, disability insurance is very important.

Do You Have Enough Disability Insurance Coverage?
Expenses
-Assistance & Insurance
-Investment income
=Disability benefit needed.

All rights reserved. Copyright © Craig Casey 1999.


Craig Casey
Independent Agent

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