Disability Insurance is probably the most overlooked of all of the necessary insurances. People either have it at work or they don’t. Few buy it on their own because it costs a lot of money and most people don’t become disabled.
I got a letter from one of our doctors this week that put its importance in focus for me. He has health issues and it has forced him to sell his practice. He is my age and has a family. The letter explained the situation and asked us to go to the doctor who bought his practice.
Even if he had disability insurance, their lives just got a whole lot harder. If he didn’t have it, they could be facing a really rough road.
What would you do if you could no longer earn a living? Would you be okay? Would your family?
If you or anyone else is dependent on your income, and you don’t have enough assets to retire, please check into your disability insurance coverage. I am going to.