A disability is not something that you can plan for. Those that are affected by a disability are usually unprepared for the financial hardship and struggles that come hand in hand with a disability. Ensure you know what to look for when shopping for disability insurance. Our agency will help you through the details.
Just picture what would happen if you were not able to work. You would not be receiving an income and your savings and assets will start to deplete quickly. This can create serious problems with your family's financial security.
Long-term disabilities can last for up to 2 1/2 years. The financial impact of a long-term disability may be absolutely devastating. A 2005 Harvard study stated that over half of all personal bankruptcies and mortgage foreclosures are a result of disability.
The majority of Americans are living paycheck to paycheck, without room for missing a paycheck. Many people do not have funds put away for an unexpected emergency, such as an injury or illness.
Your chances of being disabled may be higher than you think. Here are some facts about disability in America:
Although injuries at work and freak accidents may occur it is also important to consider...
Although disability is already a problem in our workforce, it is growing at a surprising rate...
Fox Insurance has been providing customers disability insurance in Portland, Beaverton, West Linn and many other cities throughout Oregon and Washington.
Contact Fox Insurance to learn more about disability insurance.