Disability Insurance Basics

Disability Insurance Basics

If you rely on your income, you need to protect it with a good disability insurance policy. Many people take this for granted, but consider the economic impact you have to your family: Annual salary:  $50,000 Age: 35 Retire at age: 65 Earned income over 30 working years: $1,500,000 Do you have anything else in your possession that’s worth over $1,5000,000? If you did, wouldn’t you insure it against loss?  That’s what disability insurance does…

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Boomerangers’ and parents face new insurance reality

Boomerangers’ and parents face new insurance reality

For mothers and fathers, watching their children reach adulthood and leave home to take their places in the world has always been a great source of satisfaction and pride. However, today’s sluggish economy and rampant unemployment has given birth to a troubling trend.  Many young adults are moving back home in order to save money. The empty nest many parents looked forward to is unexpectedly full again. These “Boomerangers” as they’ve been dubbed, and their…

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