Most people purchase insurance to protect their possessions -; homeowners insurance for their houses and auto insurance for their vehicles -; but what about themselves? What if a person were to get injured, sick or even pass away? What options are out there to protect themselves and their families in situations such as this? This answer to this is Disability Insurance in Port St. Lucie.
While it may seem like one of those things that will never happen, suffering an illness or injury that prevents a person from going to work over an extended period of time can have real financial consequences. However, statistics have provide that a person has a one in five chance of becoming disabled when they are between the ages of 35 and 65 and a one in seven chance of becoming disabled in the five years prior to them turning 65. This chance of becoming disabled is real and one that should not be ignored.
The good news is that Disability Insurance in Port St. Lucie can help to replace some and in some cases almost all of a person’s income if they become extremely sick or are hurt. There are quite a few options for disability insurance including:
1. Social security
2. Workers compensation (if a person is injured on the job)
3. Disability insurance through a workplace
Another option is to purchase personal disability coverage. This is very similar to auto insurance in that you can purchase a lot of it, or just a little bit. It is a good idea to consider how much is really needed. Experts recommend that enough insurance is purchased to cover up to 70 percent of a person’s pretax income.
The bottom line is that it is essential for people to protect themselves just like they do their home, belongings and vehicle. Disability insurance from Business Name can help to protect the person and their family in the instance that an injury or illness strikes. There is no reason to worry or be concerned about how to pay the bills if a person is unable to work. Disability insurance can take care of all of this. You can also visit them on Twitter for more information.
