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Our greatest asset is the ability to earn an income. In the absence of financial independence, Disability income insurance is the only product which will adequately cover the need when one becomes disabled to the extent that they can no longer earn an income. The state will provide some disability coverage, but it is limited in amount and temporary (6 months) in nature. Anyone who provides substantial support for him/herself or their family should have this coverage. One common objective to purchasing disability is that it is too expensive. Our consistent response is “compared to what”. During the subprime mortgage crisis, hundreds of thousands had their mortgages foreclosed as a result of very aggressive loans and very aggressive underwriting by banks. If you exclude those people from the statistics, a disabling injury or illness was the primary reason for mortgage foreclosure.
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Disability Insurance
