48 percent of VA Mortgage Foreclosures are attributed to disability (Source: FHA, Disability Income Concepts, 1998) READ MORE

17 percent of American families (1 in 6) have at least 1 adult who is disabled from employment (Source: 2000 U.S. Census) READ MORE

Disability Insurance News

April 1, 2007: Winning by Not Losing

Reduce your risk by thinking ahead. Looking at the big picture while planning for your future and retirement is critical. Along with getting a fixed rate on your mortgage, prioritizing retirement savings, shedding individual stocks, and adding bonds to the mix, having the right insurance is also pertinent, according to an April 2007 article in "Money Magazine."^[1]

The article sites that if a family has a sole earner, they must buy disability insurance. This is in addition to life insurance policies. And, any extra cash leftover from the refinancing, should go into the disability policy.

References

Gengler, Amanda. "Winning by not Losing," Money Magazine, April 1, 2007. http://money.cnn.com/magazines/moneymag/moneymag_archive/2007/04/01/8403606/index.htm

Back to Disability Insurance Quotes News