The decision to purchase disability insurance is not always easy. After all, there are plenty of other things you could do with that money. And if your budget is tight, the decision gets even harder. Most clients want to know if they are at risk of becoming disabled.
The answer: surprisingly high. And there’s no way to know when it will happen or how long it will last. If you want to avoid financial ruin, you have to be prepared. Being prepared will give you peace of mind, knowing that you’re ready for whatever comes your way.
In this episode, I discuss current disability statistics, ways to reduce your odds of becoming disabled, and how to avoid a financial catastrophe.
Highlights from this episode include:
- Surprising news from current statistics about your risk of becoming disabled (and what you can do about it) (1:49)
- A simple way to drastically decrease your chances of experiencing a disability (3:58)
- Why medical problems spell disaster for your finances if you’re not prepared (4:22)
- A common misconception about disabilities that can leave you unprepared for their true cause (5:02)
To ask questions on insurance coverage or to get a quote, please don’t hesitate to call us anytime at 704-270-2376, and I’d be glad to discuss your specific situation with you.