Posted by Dustin Reed \\
Feb 07, 2012
Most of my clients worry about their family’s welfare in the event of their death, but many don’t consider what could happen if they were to become disabled. The very best advice I can give when it comes to disability insurance is to get it
Most of my clients worry about their family’s welfare in the event of their death, but many don’t consider what could happen if they were to become disabled. The very best advice I can give when it comes to disability insurance is to get it when you’re young, as that is when you are the most attractive candidate for a policy. Unfortunately, too many people ignore this advice.
One of my favorite tools is this disability insurance needs calculator. It is a great worksheet that can help determine the amount of insurance you would need to replace your income in order to sustain your household if you became disabled and could no longer work.
Self-employed people and those who do not qualify for employer-sponsored benefits may want to purchase disability insurance through a broker. Be aware,
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