Disability Income Insurance protects your ability to earn an income from your occupation. Most people structure their financial life around the earned income from their occupation, but what would happen if you suffered and injury or illness and you were no longer able to work at your occupation? You insure your home and cars – why not insure your most valuable asset – your ability to earn a living? That’s what disability income insurance does.
Disability happens. You can’t predict whether or when it will strike. However, you can prepare in case it does, with a customized disability income insurance plan. This protection can replace a portion of your income to help maintain your current lifestyle if you suffer a disability covered by the policy. Your income is your most valuable asset and has the potential to be substantial over your working lifetime.
But to earn it, you must be able to work.
These days, if you can say, “Life is good,” you are fortunate. Fortunate to have your health, your income and a comfortable lifestyle. Have you thought about what would happen if all three were disrupted by a disabling illness or injury?
We often take our income for granted, even in the most “secure” of jobs. However, nobody’s income is guaranteed. You are earning a living, but if you suffered a serious illness or injury that prevented you from working, then your income would stop. How would you live without income for weeks, months, or even years? Your basic needs continue – food, clothing, shelter – even after your ability to meet them is cut off. A long-term disability can be financially devastating, when no money is coming in and expenses for medical care are rising. Your ability to earn an income is a valuable asset that can, and should, be well-protected.
Feel free to contact Matthew Wood at Brothers Wood Agency to discuss your disability income insurance needs.
Matthew Wood
matthew@brotherswoodagency.com
952-222-1280
While our offices are located in Savage, MN and Fort Mill, SC, we do commercial insurance business nationwide and offer personal insurance business in MN, SC, NC, WI, NM, TX and FL.
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