Protect the life you’re building
Maybe you’ve bought your first home. Or you’ve started a family. Or you’re making solid progress on student loans or starting an emergency fund. These are all great accomplishments—and they’re worth protecting.
Think of disability insurance and life insurance as your risk-protection plan for all the surprises and challenges of life. With both types of coverage, you can relax a little and enjoy the ride, knowing you (and your family) have the security of a financial backup plan to fall back on when it’s needed.
Checking off your life list: Disability and life insurance
Does it seem like your life has a checklist? First job? Check. Starting to save for retirement? Check. Disability and life insurance? I’ll do that later.
But waiting until “later” can have serious financial consequences if you become too sick or hurt to work or if you pass away. Disability and life insurance help make sure that if the unexpected happens, you and your family will have the money needed to help cover expenses, maintain your standard of living, and keep your future plans on track.
Estimated monthly cost for illustrative purposes only. The actual cost may vary.
Make risk protection part of your life’s plan
Just like you protect your home and car with insurance, protecting your income and your life is especially important. Plus, disability insurance and life insurance are more affordable than you may think.
For instance, in the example above, you can get disability and life coverage for $41 a month. That’s less than most people’s monthly cell phone bill or date night. And both types of coverage can be customized based upon your needs and budget.
Keep in mind that with both disability and life insurance, the cost of coverage tends to increase as you get older. But most policies let you lock-in your premium rate. That means if you buy a policy at a younger age, you can get a lower rate and keep it for years to come.
You’ve worked hard to get where you are. Protect what you’ve achieved with disability insurance—and take care of those who count on you with life insurance.