Disability Income Insurance pays the insured person an income in the event the person is unable to work due to some sort of injury or illness.
Most people purchase insurance to cover assets such as a home, car or other personal
items. But consider for a moment that the most important asset you have is your income. The loss of your
income would have a tremendous impact on the ability for you and your family to maintain your current
standard of living.
One-third of 20-year-old workers today will become disabled before they reach the retirement age of 67,
according to the
Social Security Administration.
Add to that the fact that 3 out of every 10 workers will suffer from some type of
temporary or permanent disability during their career that will result with a reduction or elimination of
your ability to earn income. It becomes easy to see why Disability Income Insurance is considered by
many financial advisors to be the foundation for solid financial planning.
There are many choices to make when considering whether to buy and what types of
Disability Insurance might be right for you. It is critical to work with a financial consultant that has
spent time understanding your specific situation, that has knowledge of the wide range of product choices
available and is familiar with the various tax considerations pertinent to the purchase of Disability
Insurance.
Blevins Financial, LLC
306 240th PL SE, Sammamish, WA 98074
Phone: 425-837-5419 Fax: 425-484-4004
Securities offered through:
Ogilvie Security Advisors Corp.,
71 S. Wacker Drive, Ste 3025, Chicago, IL 60606, (312) 335-5476.
Member FINRA/SIPC, Phone: 312-335-5476
Information on this web site is for general information purposes only. It is important to keep in mind that there are many ways to apply a strategy which are dependent upon your personal situation. Estate, insurance, tax regulations and laws are very complex and are subject to change. This website, therefore, is not designed to be a substitute for specific tax, legal, or other professional advices. For specific assistance for your personal individual situation the services of an appropriate professional should be sought.
