May is Disability Insurance Awareness Month, a time when the insurance industry comes together to promote awareness on the need for income planning and protection. If you’re a working American, it’s always a good time to evaluate your financial strategy with disability income insurance. It’s important to review your circumstances to prepare for the personal financial concerns a short- or long-term disability might cause. Disability insurance works to protect your income, the asset you rely on most to meet your financial goals.
Disability income insurance has many policy provisions, benefits and riders. Trying to understand how to protect your income can be overwhelming for many consumers, especially the first time you’re introduced to disability insurance. Education is key to helping you make informed decisions. Consider separating disability insurance into smaller sections of information so it’s less overwhelming. This three-step approach can help you get started this Disability Insurance Awareness Month.
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