Disability Insurance - Planning Ahead
Planning ahead is always a very sure way of averting disaster and unpleasant surprises.
Most people do not even think of the fact that something may happen to them that would force them to stay of work for months.
Research has shown that over 33million Americans have been classified as disabled.
There is a high likelihood that one would suffer a disability (whether temporary or permanent) between the age of 35 and 65.
Let's face this hard fact; anything can happen to anyone at any time! Do no think that it is only people that work jobs that are classified as high risk that need disability insurance (though they need it more) even the kindergarten class teacher does! You should not wait until you suffer an injury or debilitating disease before you buy disability insurance.
Remember your premiums are affected by some things like, state of health when you bought the policy, pre-existing conditions and high risk vocations.
If you purchase your policy now that you are healthy and have a good income with no injuries or disabilities, you will get the best plan with the best benefits at the cheapest cost.
Individual disability coverage is better but also more expensive so to save money you should join your employer's group policy.
Your disability insurance not only helps replace a good percentage of lost income, it also helps relieve your family and loved ones of the tension and burden of the effects of an injury or debilitating illness.
A lot of American families live from one pay check to another.
Now imagine what happens when the pay check is no longer available.
The family is left in a lurch and that is what causes financial disaster in the home.
With the protection of disability insurance, you have a breather to help you recoup and find means of coping with the situation.
One great benefit of disability insurance is that premiums are waived after certain conditions are met.
So take advantage of this policy and save yourself the emotional trauma that accompanies loss of income.
Most people do not even think of the fact that something may happen to them that would force them to stay of work for months.
Research has shown that over 33million Americans have been classified as disabled.
There is a high likelihood that one would suffer a disability (whether temporary or permanent) between the age of 35 and 65.
Let's face this hard fact; anything can happen to anyone at any time! Do no think that it is only people that work jobs that are classified as high risk that need disability insurance (though they need it more) even the kindergarten class teacher does! You should not wait until you suffer an injury or debilitating disease before you buy disability insurance.
Remember your premiums are affected by some things like, state of health when you bought the policy, pre-existing conditions and high risk vocations.
If you purchase your policy now that you are healthy and have a good income with no injuries or disabilities, you will get the best plan with the best benefits at the cheapest cost.
Individual disability coverage is better but also more expensive so to save money you should join your employer's group policy.
Your disability insurance not only helps replace a good percentage of lost income, it also helps relieve your family and loved ones of the tension and burden of the effects of an injury or debilitating illness.
A lot of American families live from one pay check to another.
Now imagine what happens when the pay check is no longer available.
The family is left in a lurch and that is what causes financial disaster in the home.
With the protection of disability insurance, you have a breather to help you recoup and find means of coping with the situation.
One great benefit of disability insurance is that premiums are waived after certain conditions are met.
So take advantage of this policy and save yourself the emotional trauma that accompanies loss of income.