Archive For The “Disability Insurance” Category
What keeps employees from work the most? Illness or Injury?
By Jorge Hiram Garcia, Your Insurance Advisor | May 16, 2012
A recent survey by the Consumer Federation of America found that the a majority of employees wished their employer offered disability insurance coverage. According to the survey, illnesses are the cause of the majority of disabilities that affect a person’s ability to work, not injuries as most supposed. In fact, fifteen percent of long term [...]
In a recent post about disability insurance coverage, we discussed how to determine what amount of disability insurance to buy? Today, we’ll take a look at a quick and easy method to estimate the amount of money needed (as an amount of disability insurance coverage) as accurately as possible. The most effective and accurate way [...]
How can I determine how much disability insurance I need?
By Jorge Hiram Garcia, Your Insurance Advisor | April 29, 2010
The goal of buying long term disability insurance is to make sure that if a disability occurs, you and your family will have enough financial resources to maintain your family’s lifestyle without having to make drastic changes. You’ll need to make some adjustments of course, but the goals is to ensure that those adjustments do [...]
Why is the impact of disability worse than death?
By Jorge Hiram Garcia, Your Insurance Advisor | April 28, 2010
Disability is the inability to earn a living (this means working for most of us) due to illness or injury. Long term disability results from this type of condition existing for a period of three months or longer. The longer the period of disability, the harder it becomes financially for the disabled, and his or her family.
Many consumers do a poor job of protecting themselves from the long term loss of income due to a long term disability. The great majority of consumers who do buy this type of coverage do so through their employers, yet these types of employer provided long term disability insurance policies may not be the best choice for consumers.
What’s More Important Than Life Insurance?
By Jorge Hiram Garcia, Your Insurance Advisor | April 16, 2010
With the advances in healthcare and living conditions, more Americans are living longer, healthier and exciting lives. These new lifestyles create additional needs related to how to care for themselves as they live longer and lead more active lives at advanced ages. In the past, the most men and women had to worry about was [...]
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