I get it; you are healthy. You are young. You have a successful career. You may or may not have started your family. Why think about the daunting idea of disability insurance and furthermore, why have it?
Why? Because you NEED your income and beginning becoming disabled is not something your “young age” will save you from getting.
Think about this: one of your most valuable assets while young is your ability to earn an income. When surveyed, people ranked their top three important things in life as having a home, having their health, and having an income. If the threat of one is at stake, all are at stake. If your health declines, you’re unable to go to work thus lowering your income and threatening having a roof over your head for a home.
This brings up a very important question: what are you doing to protect the things that are the most valuable to you? How do you protect your home, health, and income?
The answer is simple: disability insurance.
Disability insurance can be purchased through your workplace or individually. It can provide an affordable financial safety net; a way to protect you and your family’s way of life. When you think about your daily expenses – the mortgage, utilities, food, gas etc – think about what you’d be able to pay if you were disabled short term or long term. Disability insurance gives you the peace of mind to not worry about a total loss of income should something happen.
Realistically, the odds work more in the favour of something happening to put you out of work, if even only briefly. Think about this: you have a 1 in 259,000,000 that you will win the lotto jackpot, but you have a 1 in 4 chance that you will be disabled during your career. With gambling odds being 25% against you and the protection of your family is at stake, disability insurance is a safety net worth having!
Talk to your employer about your options for disability insurance to find the best solution to for your individual needs.