Disability IQ:
Top Five Reasons You Need Income Protection Today
#5 Reason: To Maintain Your Current Lifestyle
Your bills won’t pay themselves. And, savings accounts don’t last long with a disabled person’s average living expenses of more than $200,000 per year. When you suffer a disability, your income goes down and your expenses go up. The last thing you’ll need to be thinking about is downsizing to a smaller home or cutting back on the activities that bring you joy. With a solid disability insurance policy, you’ll never have to face these types of decisions.
#4 Reason: To Safeguard Your Future Lifestyle
Forget about retirement income. When you become disabled, the first contribution you stop making is to your 401K. So, instead of retiring with the financial means needed to fully enjoy your golden years, you and your loved ones will be struggling to make ends meet for the long haul. Why sacrifice your retirement dreams when protection is so affordable?
#3 Reason: To Keep Your Kids on the Track to Success
Right behind the 401K, college savings plans crumble in the face of disability. With no safety net in place, your only concern will be financial survival. Why should your children pay the price for your oversight? Keep them on the debt-free college-track with solid disability insurance protection.
#2 Reason: To Prevent Your Spouse from Working Three Jobs
Don’t like dinner out of a can? Better get used to it. Your family members won’t have any time to cook gourmet meals when they’re working two or three jobs. Don’t even think about trying to pay for take-out! Your family depends on you as an important breadwinner. That doesn’t have to stop just because you’re taking time out to overcome an injury or illness. Keep the bread on the table and your family home!
#1 Reason: To Preserve Your Sanity
Medical experts agree that extreme stress can lead to slower recovery. It can also cause debilitating depression. Imagine yourself feeling weak from the poison of chemotherapy. Now imagine how much stronger and more confident you would feel knowing that your bills are paid and your family’s life and dreams are intact—despite your inability to work. That feeling of security will go a long way toward helping you improve your physical and mental health. With stress out of the picture, you’ll be back to work or onto new and better things—fast!