Protecting Your Most Valuable Asset
Your most valuable financial asset is often the least protected: your income. While most people insure their homes, cars, and health, many overlook protecting their ability to earn a living. This oversight can have devastating consequences when disability strikes.
According to Harvard research, over half of all personal bankruptcies and mortgage foreclosures result from disability. This sobering statistic highlights the critical importance of disability coverage in your financial protection strategy.
The Reality Gap
The Council for Disability Awareness (CDA) reveals a concerning disconnect in how people view income protection:
- 53% of workers identify their ability to earn a living as most valuable for long-term financial security.
- Yet 48% of these same workers could maintain expenses for three months or less if disability struck.
This protection gap exists despite the fact that 1 in 4 American workers will experience a disability before reaching retirement age.
Comprehensive Protection
Disability insurance addresses this vulnerability by providing income replacement during both short-term and long-term disability scenarios:
- Short-Term Disability covers temporary disabilities typically lasting a few weeks to several months.
- Long-Term Disability provides extended protection for conditions that may last years or even until retirement.
Through 4As Benefits, member agencies can access disability coverage designed specifically for the advertising industry, with competitive rates and features tailored to creative professionals.
Questions About Our Group Life & Disability Insurance Plans?
Call us at (704) 594-6281
Email us at insurance@4asbenefits.com
