If you get sick or injured and are unable to work, you don’t want to worry about paying for groceries or covering next month’s mortgage.
Disability income insurance may help replace a major portion of your income. Some think of it as “paycheck protection.” Others view it as “mortgage protection.” Whatever your mindset, disability income insurance may help provide a sense of security, knowing that if the unexpected should happen, you’ll still receive a monthly income.
Disability income insurance may be right for you if…
You depend on your income to support your lifestyle
Your income is your most important asset and without it, you may not be able to maintain your way of life.
You can’t afford to be out of work for an extended period
You’re living paycheck-to-paycheck, and any disruption in your income could be a challenge for your family.
You don’t have other sources of income available
You don’t have employer-provided disability income insurance to fall back on. And you can’t count on government disability insurance or workers’ compensation.
The need for disability income insurance
No one wants to think about becoming disabled. But surprisingly, the risk is more real than many people believe.
Over 37 million Americans are classified as disabled. More than 50 percent of them are in their working years.*
1 in 8 workers will be disabled for five years or more during their working careers.*
The right amount of coverage
You should have enough disability income insurance to pay your monthly living expenses, so you and your family may focus on what’s most important during such a critical time…your recovery.
Your good health matters
Many people with health issues are still able to purchase disability income insurance. But it’s important to remember that health issues increase with age. That’s why it’s important to consider purchasing disability income insurance sooner rather than later.
The best time to buy
The best time to buy disability income insurance is now. A disabling illness or injury may happen at any time, at any age. And, since premiums are based in part on your age at time of purchase, waiting may cost you more. Considering all that your income provides, and the financial goals you’ve set, isn’t it important enough to get started today?
Does working with an agent cost me more?
No, you will pay the same amount to work with an agent as you would if you were researching and dealing with the application process all on your own.
What are the advantages to working with an agent?
Nationwide Life Plans currently has agents with over 30+ years of experience, who can help you determine what you are eligible for and when. We are devoted to providing a personalized touch, that only an independent broker can offer. We represent most major insurance companies; our entire focus is on working with our clients and finding the most efficient plan for them.
To find out how we can help you today, click here for no-pressure information from our seasoned agents.
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