Protect yourself with disability insurance.
Disability Insurance is one of the most important types of insurance that should be purchased. People often insure their home, automobile and boat, but what about the income that pays for those items? If you are unable to work due to an accident or illness, personal disability insurance offers protection against loss of your income.
According to the Social Security Administration, 1 in 4 of today’s 20-year-olds will become disabled before they retire. Most individuals assume that disability insurance is only for accidents or injuries, but 95% of claims paid are due to illnesses.
Common myths why people don’t buy disability insurance:
- They already have coverage through an employer.
- It is too expensive.
- They are currently healthy and active and don’t need it.
- If they are disabled, Social Security will take care of the loss of income.
The reality is this: we can’t predict the future. Health challenges can arise and accidents can occur. Protect your ability to keep your standard of life by protecting your income. Our W3 Disability Insurance Specialist Abbey J. Bowersox, CLU will help design an affordable program for you.