Disability insurance coverage? Or Income Protection? They are one in the same. Regardless of what you want to call it you should be considering this to round out your benefit portfolio. Most people think that they will never be disabled. That is for other people. Stats show that 64% think that their odds of a disability are just 1 to 2%. During their working years. The reality is the actual odds of becoming disabled are 10 times here than people think. Disabilities happen and they don’t discriminate.

What is the chance of having at least one long-term disability which lasts for three months or longer before reaching 65? As a 30 year old the probability is 51%! It does decrease down from there to at 50 years of age “only” 34% but is that a chance you want to take?

Disability coverage will cover your paycheck. In the case that you are unable to work and provide for your family and pay bills this coverage will give you a continuous income stream to help your family in your time of need.