Maggie Leyes in this 2018 Life Happens article writes about the importance of disability insurance.
Many of us in our 20s are filled with hope and optimism about the new jobs we have—or will work into, perhaps finding a partner and starting a family, maybe even buying a home. In short, it’s about designing a life we want to live, not one that’s been dictated to us.
So, it’s not often we think about how those dreams could be derailed by an accident or illness that takes away our ability to earn a living and fund our lifestyles.
But it just makes sense to take measure of the risks we all face: 1 in 4 of current 25-year-olds will become disabled at some point in their career, according to the Social Security Administration.
Dore was just 27 and a new mom, but they had done their insurance planning, including disability insurance. This type of coverage replaces a portion of you income if you are sick or disabled and unable to work. It has become an important financial lifeline to keep your dreams on track. If you’d like advice on disability insurance, make a call to an insurance agent or advisor to talk through your options. If you don’t have one, you can use this Agent Locator to find one.