Why Get Disability Income Insurance?
- 63333 POINTSview profilePeggy MaceMost of the U.S.The biggest reason to get Disability Income insurance is so that you can keep income coming in at a time when you need it most. Suffering a disability of any duration can be a traumatic and costly experience. To have the added financial pressure of no income coming in can make it much more difficult. Getting Disability Income Insurance will at least partially protect you from that added stress by paying you up to 80% of your income while being unable to work.Answered on September 3, 2013flag this answer
- 2180 POINTSview profileKelly MoserSocial Media Strategist, Disability Insurance Services, CaliforniaWe need disability insurance so that we can continue receiving a paycheck should an illness or disability strike. If you became ill or disabled, how long do you think you could sustain your lifestyle without a paycheck? For most Americans, the typical answer is about 6 months. We don’t think twice about insuring our cars, homes, boats or health, but we forget that our most important asset is our PAYCHECK. Disability insurance is a fancy way of saying “paycheck protection.”Answered on September 3, 2013flag this answer
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