For most people, the need for disability income insurance is a pretty straightforward calculation: Nearly anyone with a whole career in front of them and relatively little in savings – the usual situation with workers in their 20s, 30s and early 40s – needs as much as the insurance company will sell
The ‘Big Three’ Must-Have Insurance Policies To Start With
Writing for the Detroit News, financial planner Barry Glassman identifies the three “must-have” insurance plans for American families: life, disability and long-term care. We concur. If you have a car, the law forces you to buy auto insurance (to protect other people, if not yourself). If you buy a
What Does It Take to Get a Federally-Guaranteed Student Loan Discharged for Disability?
Once you sign on with a federally-guaranteed student loan, getting out of it is tough. When the U.S. government guaranteed your student loan debt, it put other hard-working taxpayers’ money on the line for you. That makes these loans fundamentally different from private loans that don’t come with
NFL Players Underscore the Value of Own Occupation Disability Insurance
Suppose you were a professional football player in the NFL. Not one of the marquis names, and not a quarterback. Just an anonymous foot soldier on the offensive or defensive line. Someone who made it through college by the skin of his teeth who’s a darned good left tackle but has never really done
Young Doctor Stricken With Brain Tumor – 1 Year Out of Residency
Most people who get as far as receiving a quote from a disability insurance site see the price of the policy. But it’s important to understand the value of a disability insurance policy as well. The fact is that one in four of you reading this will struggle with a disability disrupting your ability
Disability Insurance Is Too Expensive
When you think of purchasing a disability insurance policy, do you question if it’s too expensive? Can you really afford it? After all, those monthly payments could go towards a new car, new clothes, or a vacation, something that gives you immediate gratification. But consider the opposite: Can you
What to Look For In a Disability Insurance Policy
In the insurance world, it’s all about the language in the policy. All insurance contracts are essentially promises: You commit to paying a small premium. In return, the insurance company promises to pay a large cash benefit, if certain events come to pass. But details matter a great deal in
How to Choose the Best Disability Insurance Company
With most things you purchase, you can take it home and enjoy it. You can see if it’s good for you right away. You get immediate feedback. Insurance is a little different. When you buy an insurance policy of any kind, you are essentially buying a contractual promise – for an eventuality that may not