5 Reasons why you should have disability  (Disability Services Inc.)

1.When a disabled person’s average living expenses totals more than $200,000 per year,

savings accounts don’t last long. And, bills keep piling up. Your income decreases and

your expenses increase when you suffer a debilitating illness or injury. When life throws

you a curveball, the last thing you want to think about is downsizing or cutting back.

However, with a solid income protection policy in place, you will be able to keep your

current lifestyle

2.The first contribution you stop making when you become disabled is to your 401K. If that

happens, forget about a comfortable retirement. Without that retirement money, you and

your loved ones will continue to struggle for years to make ends meet. You don’t need to

sacrifice your retirement dreams. With disability income insurance, paycheck protection is

affordable and achievable.

3.If you can’t meet or make your monthly expenses and pay your medical bills, how are you

going to save for your children’s future? In the wake of disability, saving for college often

falls to the wayside. If there is no safety net in place, your only concern will be financial

survival every day, not saving for the future. You can keep your children on the debt-free

college-track with a solid disability insurance policy.

4. If you are the breadwinner of your family, you need to protect your paycheck. If you suffer

a disability and can no longer work, your partner will likely need to work longer and

harder to replace your income and cover medical bills. However, if you have disability

income insurance, you can keep the bread on the table and prevent your partner from

having to work multiple jobs.

5.Getting injured is stressful. Not working is stressful. Mounting piles of bills are stressful.

When you are injured, extreme stress can lead to slower recovery times and cause

depression. If you are already suffering physical distress, you don’t need the mental

anguish the lack of income causes. You can avoid that pain and instill a sense of

confidence with a solid income protection policy. With stress out of the picture, you’ll be

back to work in no time!