Here’s a scary stat: the Social Security Administration reports that “a 20-year-old worker has about a three in 10 chance of suffering a disability before reaching retirement age.” And as you get older, those chances increase. Injuries can force workers into early retirement, whether or not they’ve got the savings to make it work. To protect yourself should the worst occur, workers should consider obtaining disability income insurance.
Disability income insurance provides income for workers who’ve suffered accident and illness related disabilities. Preparing to have a paycheck in place even when you can’t work keeps you and your family financially sound while you recover.
People often think that disability income insurance is only necessary for people with dangerous jobs, but most disability cases aren’t even work related. Illnesses are more likely to cause disabilities than accidents. And 70 percent of workers can’t cover their normal living expenses for more than six months without their income or disability insurance in place.
Paul Gada of the Allsup Disability Life Planning Center has a few tips for workers to consider –
1. If you are diagnosed with a chronic condition that might require you to stop working, start planning for that day as soon as possible.
2. In addition to collecting disability income insurance, one should minimize financial losses by developing a financial plan, establishing a budget and prioritizing expenses.
3. Pursue income sources. People with long-term disability coverage generally begin receiving benefits three to six months after the onset of a disability.
4. Don’t let health coverage lapse. Consider COBRA or buying individual health insurance on the private market.
If you’re interested in purchasing disability income insurance, Custom Health Plans offers Disability Income Protector for accident related disabilities and Disability Income Protector Plus for accident and illness related disabilities. Both plans allow for monthly payments from $500 to $5,000 and – if needed – can continue for one, two or five years. That money can ensure your family is taken care of while you recover from your injury or illness.
Want to learn more? Just give us a call or click here to get a free quote.



Of all the changes, advancements and potential
Each year the United Health Foundation, the American Public Health Association and the Partnership for Prevention collaborate to publish an assessment of the nation`s health on a state-by-state basis. The annual rankings look at 22 indicators of health, from how many children receive vaccinations to the percentage of uninsured residents to the prevalence of obesity, smoking and cancer deaths.
As health care legislation continues to evolve and be debated in the government, one key issue is the administration’s desire to force health coverage on Americans. The administration assumes that compulsory coverage is fair game, and would put our country one step closer to universal healthcare, but it faces one major impediment – the United States Constitution.
As the debate on health care reform continues, millions of Americans are learning more details of the bill believed to be on the verge of passing through the Senate. But one detail that’s often overlooked is that most of the bill’s provisions would take several years to implement, keeping tens of millions of uninsured Americans without insurance until 2013 or 2014.
Charles Krauthammer stated, in his article
As the Senate continues to wrestle with the health care reform bill, a
Statistics don’t lie. According to 
