If you are offered Disability Insurance through your work, yes, sign up for it! You will most likely be paying a reasonable premium and have some income to pay your bills if you are unable to perform your job for an extended period of time due to illness or injury.
If you are not offered Disability Insurance through your work, I recommend purchasing a long term disability insurance plan. One of the most common hardships I see in my job is people having to go on Social Security Disability due to MS, heart disease, cancer, or other health conditions. Not only do they face a pile of medical bills, they must wait many months without any income until they are approved for SSDI. With a private plan, they could be drawing their benefit much quicker, and the payments are greater than you get with SSDI. In fact, a private plan will supplement the SSDI to provide you with more spending money.
Buying Disability Insurance is not cheap, but living without a paycheck for many months can be devastating. My vote would be, sign up for Disability Insurance. If you would like some assistance, I can help you find the most reasonable price from many companies.
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If you are not offered Disability Insurance through your work, I recommend purchasing a long term disability insurance plan. One of the most common hardships I see in my job is people having to go on Social Security Disability due to MS, heart disease, cancer, or other health conditions. Not only do they face a pile of medical bills, they must wait many months without any income until they are approved for SSDI. With a private plan, they could be drawing their benefit much quicker, and the payments are greater than you get with SSDI. In fact, a private plan will supplement the SSDI to provide you with more spending money.
Buying Disability Insurance is not cheap, but living without a paycheck for many months can be devastating. My vote would be, sign up for Disability Insurance. If you would like some assistance, I can help you find the most reasonable price from many companies.