Disability insurance comes in several different packages. Check with a financial planner or insurance specialist for the best option.
Read MoreWhat are the Key Elements of Disability Insurance?
Disability
All articles about disability insurance or related to disability insurance from Consumer Insurance Guide
Study finds women more at risk for disability
Women are most at risk both physically and financially when it comes to disability but may not be prepared for it, according to a study by The State Farm Center for Women and Financial Services at The American College of women. The survey found women are at a greater risk whether they’re working or a stay-at-home mom, single or married. Fifty percent of women said that if they were to become disabled, the impact on…
Read MoreSurvey says Americans unaware of disability insurance needs
In a national survey of nearly 1,200 employees, the Consumer Federation of America and Unum learned that workers know little about group disability insurance, even important characteristics of what coverage they may have—but when given information about this financial protection benefit, nine out of 10 employees said they want this coverage and would pay for it. In the CFA-Unum survey, only 13 percent of all employees said they know “a lot” about disability insurance, and less…
Read MoreDisability Insurance Takes Backseat to Other Types
Many states require that consumers purchase auto insurance in order to remain on the road. Lenders often demand homeowners insurance.
Read MoreWhere to turn for disability insurance coverage
In the event of a disabling injury or illness and are unable to work, there are a number of sources for disability insurance benefits that people might tap into. Just be mindful that there are limitations on the benefits available through these sources and sometimes the benefits won’t be sufficient to meet your income replacement needs. In such instances, many people consider buying additional coverage, either through the workplace or on their own. Group Coverage…
Read MoreProtect the Economic Contributions of Key People to Your Company with the Right Insurance Choices
The death or disability of a key person often creates economic hardship for a business or nonprofit organization, but life and disability insurance can ease the financial burden caused by the permanent or temporary loss of such an employee, according to the Insurance Information Institute(I.I.I). “Insurance on the life or health of a key individual whose services are essential to the continuing success of an enterprise, and whose death or disability could cause the entity…
Read MoreFoundation encourages disability insurance awareness
With so many people relying on every paycheck to make ends meet, not having an income, even for a short period of time, could be financially devastating. According to new research from the nonprofit LIFE Foundation, nearly one in four working Americans say they would have trouble supporting themselves financially “immediately” following a disability that keeps them out of work. Half would find themselves in financial trouble in one month or less. Today, nearly 3…
Read MoreMost Americans lacking disability insurance
Many unexpected life events can render consumers incapable of earning the income needed in order to provide for their family.
Read MoreAssessing your need for disability insurance
In order to insure something, you first must realize that it has a lot of value and needs to be insured. Perhaps that explains why so many Americans lack disability insurance. A recent survey found that Americans greatly underestimate their earnings potential.
Read MoreThe Great Kidney Caper: Can you insure your body parts?
What do a Newark, N.J.-based mortician, a California-based businessman, and a dentist and his seven mortician-cronies from the East Coast all have in common? They have all ravaged funeral homes and medical facilities for body parts, engaging in multi-million dollar schemes to sell them on the body part black market. But this epidemic is nothing new, and its morbid presence can be seen in gruesome news stories from across the globe. The World Health Organization…
Read MoreFeatured
Oct 30, 2019
LA County residents forced to evacuate could tap insurance for cost reimbursement
LOS ANGELES, Calif. — Thousands of residents from Los Angeles
Health
Mar 17, 2020
The Essentials of Long-Term Care Insurance
When you’re young, long-term care insurance is not something
