Potential Loss of Income

Potential Loss of Income

Disabilities do happen! And the potential loss of income that results from a disability is substantial. If you were unable to work due to an injury or illness how long could you continue to pay your bills? 38% of working individuals today could not afford to pay their bills for more than 3 months! And 71% of working individuals would find it difficult to meet their current financial obligations if their next paycheck was delayed for only one week.

The loss of income from a disability is so great that a 25 year old earning $2,000 a month would lose $120,000 of total income in as little as 5 years. That same individual could potentially lose $960,000 of income if he was to remain disabled to age 65!

The chart below shows the potential loss of income if you were earning $2,000 a month at age 25 with $2,000 salary increases every 5 years. The total potential loss of income by age 65 is much greater than one would assume.

Potential Loss of Income

Owning a disability insurance policy should not be a decision any individual needs need to think about. It is the only true protection from a financial disaster caused by a disability

DisabilityInsuranceForYou.com is here to help you. Whether you have general questions regarding disability insurance, interested in the cost or need to review your current disability insurance coverage, we are here to help you! Since 1971 we have been working with individuals to find the best coverage at the best price to fit their needs.

Contact us today to learn how we can help protect your financial future from a disability.

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Learn More: How Disability Insurance Coverage Meets Many Needs.

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