It’s no secret that financial planning is a critical part of any successful life plan. But for many, the importance of disability income insurance is often overlooked.
The truth is disability income insurance can be an essential component of a solid financial plan. This type of insurance provides income if you are unable to work due to an illness or injury. That income can help to cover expenses such as housing, food, and medical bills and ultimately enable you to maintain your lifestyle in the event of an unexpected disability.
Ready to Take Control of Your Financial Future?
Schedule a complimentary consultation to discuss your retirement plan!
Before You Go: Get Financial Tips Delivered To Your Inbox!
Don’t miss out on valuable insights and updates from Absaroka Wealth Management. Subscribe to our newsletter for advice on retirement planning, investment strategies, and more. Sign up now and stay informed!
The need for disability income insurance may be particularly acute for those who are self-employed or have unstable employment. This type of insurance can provide an additional layer of security in an uncertain economy.
In addition to providing income, disability insurance can also help protect your long-term financial plan. That’s because if you become disabled and can no longer work, you may not be able to contribute to retirement savings or make other investments.
Finally, disability income insurance can help provide peace of mind. Knowing that your income is protected in the event of an unexpected illness or injury can provide a valuable sense of security.
If you’re considering adding disability income insurance to your financial plan, our team can help. We can help you assess your needs, choose the appropriate coverage, and ensure that your plan is better positioned for your unique situation.
To get started, contact us today to schedule a meeting with our team by giving us a call at (307) 586-2700 or schedule a meeting below. We look forward to helping you protect your financial future.
This material contains only general descriptions and is not a solicitation to sell any insurance product or security, nor is it intended as any financial or tax advice. If you need more information or would like personal advice you should consult an insurance professional. You may also visit your state’s insurance department for more information.