Sometimes life throws a curve.
Injuries can happen. A disability illness could dramatically change your life, your future, your family’s lifestyle, as well as your financial security. A chronic disease or disability could keep you from working. Someone in your family could become injured and require personal care services. Insurance can’t prevent those things from happening. But it can help you and your family cope.
Why do you need disability insurance?
Disability insurance provides you with an income when a disability stops you from working. With insurance protection, your family would have money to pay bills, and remain financially stable.
Think about it this way. Suppose you owned a valuable piece of equipment. Day in and day out, the equipment operates reliably. It helps you earn a large amount of money every year. Without question, you would insure that piece of equipment in case it broke down.
Similarly, when a family depends on someone to go to work and earn money, year in and year out, doesn’t it make sense to have disability insurance in case you become disabled?
Not all disability insurance policies are the same.
Before choosing a disability insurance policy, it is important to seek professional advice to ensure that you choose the best policy for your situation.