A life-altering accident or injury is never expected, but it can be prepared for. Philadelphia Disability Insurance allows you to ensure your ability to earn an income, even if you are physically unable to work. Many people assume they will never need this type of insurance, but in reality, one in every four 20 year-olds in today’s workforce will suffer a disability before retirement.1
Benefits of Obtaining Philadelphia Disability Insurance
If illness or injury strikes, having disability insurance will give you peace of mind knowing you can continue to maintain your standard of living, provide for yourself and any dependents, and pay your monthly bills. While it may be easy to dismiss the idea of disability insurance while you’re healthy, that is actually the time when you should be preparing for such a need. Purchasing Philadelphia Disability Insurance right now has many benefits:
- The younger you are, the lower the premium will be, and you’ll never again be younger than you are today!
- In the unfortunate event that you become temporarily or permanently disabled, you can rest assured you will be able to pay your mortgage, tuition, car payments, food expenses, utilities, etc.
- Financial security for your dependents
Risks of Waiting
Most people think of themselves as invincible, but it is usually not until after an unexpected tragedy that we see the fragility of life. In those already emotional and stressful times, financial hardship is the last thing you want to be dealing with. Putting off obtaining Disability Insurance can have devastating effects, such as:
- Changes in health resulting in limits on available coverage
- Becoming uninsurable and not qualifying for Disability Insurance at all
- Not having enough in savings to last an entire disability claim term. (Did you know: the average individual disability claim lasts 31.6 months.)
There are many affordable Philadelphia Disability Insurance plans to consider. Insuring your ability to earn an income is just as important as insuring your home, car, and possessions. If you are a working adult, you should be thinking about Disability Insurance before it’s too late.
With over 30 years of experience, the professionals at Insurance Shops are dedicated to providing you with helpful information and the best-priced product to meet your needs.
Click here for a free quote or call (215) 613-4999.
1 Facts From LIMRA, 2015 Disability Insurance Awareness Month, LIMRA
