Disability Insurance – Why you need it!!!!!
Are you one of them? According to Northwestern Mutual’s 2016 Planning and Progress Study, half of Americans rely on their own job income to meet their financial obligations, yet more than two thirds (69%) do not own disability insurance to protect this integral asset in case an injury interferes with their ability to work.
There is a one in four odds of becoming disabled for three months or more during one’s working career , nearly half of Americans would find themselves in financial trouble in a month or less after incurring a disability.
About 7 in 10 Americans do not own disability insurance and are most likely to manage this gap with savings or borrowing the money.
Disability insurance is specifically designed to replace a significant portion of income and help with expenses and lifestyle needs if sickness or injury prevents a person from earning a living. This insurance will preserve the nest egg, it will provide flexibility to keep contributing to retirement savings and enable a person to focus on their health without added financial stress.
For a quote – please call me – Debbie Lewis at 979-220-3018 and we will shop all the companies to get you the most cost effective quote – – the help your family in this time of your crisis.