Why Should I Have Disability Insurance?

  1. 0 POINTS
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    David RacichPRO
    Fountain Hills, Arizona
    Disability insurance is paycheck protection. The most significant valued asset in every household is human value, the ability to earn money. Protecting your paycheck is one of the highest priorities in defensive planning. Depending upon your gender, age, smoking status, health history and current medical condition, you may pay between 3 and 5% of your compensation with disability insurance.
     
    Answered on July 1, 2013
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  2. 2180 POINTS
    Kelly Moser
    Social Media Strategist, Disability Insurance Services, California
    It's important to ask yourself, "If I become disabled, how long can I go without a paycheck?"  Disability insurance is basically paycheck protection.  Should you become sick or injured and can no longer work, it will pay monthly benefits for a pre-determined amount of time.  For most people, their savings would not allow them to sustain their current lifestyle for very long.
    Answered on August 21, 2013
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