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Your most valuable asset is not your car, valuables or even
your home. Your most valuable asset is your ability to earn
an income.
Things to consider:
| 1. |
Statistics
show that 6 out of every 10 people between the ages of
20 and 60 will have some period of disability before the
age of 65.
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| 2. |
Approximately
50% of all home foreclosures are caused by disabilities.
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| 3. |
A
disabling injury occurs every 2 seconds and a fatal injury
occurs every 6 minutes. (Reports on Injuries in America,
National Safety Council)
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| 4. |
In
the home, there is a disabling injury every 5 seconds
and a fatal injury every 19 minutes. (Reports on Injuries
in America, National Safety Council) |
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| 5.
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Nearly
¾ of all disabled people are rejected for Social Security Benefits.
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6. |
Disability policies offered by employers MAY NOT be portable
or as comprehensive as individual policies.
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| 7.
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Wage losses, medical expenses, property damages, employer costs,
fire losses and other expenses related to unintentional injuries
and fatalities cost Americans an estimated $480.5 billion in
1998. That's equal to 59 cents of every dollar spent on food
in the U.S. in 1998. (Reports on Injuries in America, National
Safety Council) |
What
does Disability Insurance do for you?
Disability insurance is designed to
help you through a lapse in income due to illness or injury by
providing financial protection at a critical time.
Disability insurance provides financial protection during your
working years. It pays a monthly benefit when a disability caused
by an illness or injury interrupts your ability to work and earn
an income. Some policies pay benefits only when you are totally
unable to work. Others pay a benefit proportional to any loss
of income you experience, whether the disability is total or partial.
Your benefit allows you to continue to meet your financial obligations
during your loss.
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