Do you have enough money in emergency savings to cover your living expenses for the next six months? What about for the next three years?
These are the average durations of short-and long-term disability coverages, respectively. Your ability to generate income is your most valuable asset, and—much like your health and life—it needs to be protected.
The Council for Disability Awareness estimates
The likelihood of needing disability coverage is much higher than you think. The Council for Disability Awareness estimates that 1 in 4 of today’s twenty year olds will become disabled before they retire. Many associate disability with work place accidents, but, in fact, the majority of disability claims are the results of illnesses, such as heart disease or cancer. (http:// www.disabilitycanhappen.org/chances_disability/)
Dealing with long-term injury or medical illness is strenuous enough, without the worry that you are no longer able to generate income, especially when such illnesses often generate astronomical medical bills.
Don’t let a disability tear your life asunder. Lang Financial Group offers short-and long-term disability plans that can be tailored to meet your specific needs and budget. Our consultants can help you find the best solution for you, and will continue to be available to assist any changing needs you might have.
The convalescent period after a devastating health crisis should be spent getting well and not be spent worrying about your lost income. Calling Lang Financial Group is the first step to ensuring that you have the coverage you need if and when such a crisis occurs.