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Real Cost of Waiting to Get Disability Insurance

We can never know what the future holds for us. This article looks at the real cost of waiting to protect your income.

Disability Insurance Blog:

The most obvious and dramatic cost of waiting or delaying to take a disability insurance policy is the unfortunate possibility of becoming disabled and losing your income without having insurance.

Statistics indicate that it is more likely to become disabled for more than 90 days at any age from 20 through 65 than it is to die.

Between the ages of 35 and 65 three out of ten people who are actively at work will become disabled for 90 days or more

Nearly one in five will become disabled for five years or more before age 65.

So, the first cost of waiting is the "rolling of the dice" with your financial position.

Read more...

Posted by Angie on April 30, 2005 | 0 Comments


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