Your ability to earn money and income is one of your most valuable assets you have, so it makes sense to protect it.
Think about the emotional and financial stress that you and your family would face if you should become unable to work and make an income due to injury or illness.
Disability income insurance will provide a source of income and financial peace of mind to help you meet expenses that don’t stop when your paycheck does. If you have a family that depends on you for income, disability income insurance will help keep food on the table, utilities running, and other monthly expenses controlled.
If you are a single person, you will also benefit from coverage. With your income as the only resource for paying your bills, disability income insurance will be there to help. Don’t assume that your employer offers disability coverage or that it is adequate for your needs. Some employers’ policies are limited to short term coverage that last only a few weeks, leaving you unprotected if you are disabled for a long time period. Relying on the government can also be risky, as some conditions are not approved for Social Security disability benefits due to strict guidelines and definitions of what qualifies as a disability.
With your income being so very important to keeping you and your family comfortable, make sure you protect your income!