Ready, Set, Plan! When It Comes to Disability, Planning Ahead Counts
May is Disability Insurance Awareness Month
Disability insurance is used to replace or supplement income while employees are out of work due to a disabling injury or illness. Disability insurance can be a valuable benefit to help replace lost income to help pay your bills while you are unable to work.
“For many people, the most important things in their life are their health and family. Most would also say their home, their income and saving for the future are also important. But many people don’t fully understand the true value of disability insurance – the income protection it offers – so they often don’t appropriately take the steps needed to plan and protect themselves by enrolling in or purchasing disability insurance,” said
For nearly every wage earner, the ability to earn an income is the primary source of all financial planning and financial security. Without a paycheck, funding retirement, saving for college, or even paying bills becomes a challenge.
“In a split second, a life-changing disability or illness can happen, and have devastating consequences. May is the perfect time to take an inventory of your current benefits and plan ahead in case a sickness or injury prevents you from earning a living,” said Reisenwitz.
Lincoln provides many educational materials and tools to help the public make sound decisions about their financial future. BeAChiefLifeOfficer.com and LincolnforLiving.com are two comprehensive websites that offer consumers an interactive way to connect to their benefits by using their lifestyle to guide benefit education. Both websites are excellent tools to help you to be ready, set and plan for the future.
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