Disability Income Protection

Why do you need Disability Protection?

A picture is worth a thousand words. Here you can quickly see why disability protection is important to you. You have worked hard for the education, training, and experience that enables you to enjoy a working income that supports yourself, your family, your business or profession, your savings, and hopes for the future. It's worth being protected.

	While You're Working... You support the basic needs of food, shelter, transportation, education, savings, and financial security for yourself and your family. Your income allows you to do this, and to make plans for improving your life and plan for the future.
	When You're Disabled...You can't provide the financial support needed for your current living standards, nor for your hopes and dreams. You also face the stress of worrying about this, instead of concentrating on coping with your disability.
	With Income Protection...You have the security of knowing that your disability income plan will provide the financial support to maintain your living standards. You will be happy in knowing that your living standards can be maintained, while you concentrate on your recovery.

The most important reason for disability protection?

Your own Peace of Mind...At some level of realization you know that you can be disabled, and worry about the financial results. This affects your thinking, planning, dreams, and happiness. Well planned Disability Income Protection, can relieve you of this worry. You will have security and peace of mind in knowing you are protected. You will be able to work, plan, and dream with a renewed confidence.

What are your chances of being disabled?

The chances of becoming disabled may be greater than most of us think. We've made a chart to show you. The ''Chance of Disability'' column shows the approximate average chance of a person of that age being disabled for 90 days or longer before age 65. The ''Chance of Disability vs Death'' shows the approximate chance of such a disability compared to the chance of death before age 65.

Current Age	Chance of Disability	Chance of Disability vs Death
25	54%	7.3 times greater
35	50%	6.1 times greater
45	44%	3.8 times greater
55	32%	2.5 times greater

How much do you value your home?

Home Forclosures	Percentage
Due to Death	3%
Due to Disability	48%

Is your income worth protecting?

It sure is. What it is worth may surprise you. The chart below shows what your income will amount to from your current age until age 65. If you connect your closest age with the closest monthly income, you will have a good idea.

Current	Monthly Income
Age	$2,000	$3,000	$4,000	$6,000	$10,000
25	$960,000	$1,400,000	$1,900,000	$2,900,000	$4,800,000
35	$720,000	$1,100,000	$1,400,000	$2,600,000	$3,600,000
45	$480,000	$720,000	$960,000	$1,400,000	$2,400,000
55	$240,000	$360,000	$480,000	$720,000	$1,200,000

The most important question you should answer.

''What plans have you made to continue
your Income when you become disabled?''

The answer isn't easy, and you shouldn't spend a lot of time learning how to figure it out. Let us provide you with the best answer, based on our expert experience. Just give us a call, or send an information request. We'll be happy to provide a free analysis for you to review.

Morrissey Agency presents this page with the intention of providing useful and interesting information, and to have a little fun too. The information presented is for illustrative purposes only, and is in no way to be construed as an offer of insurance. Every effort is used to maintain accuracy on this site, but we can't guarantee that this information is accurate for every possible situation. Contact us for more complete information. We'll be happy to help.