How to Ensure your Paycheck Continues | Income Protection in the event of Disability or Illness

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Learn how to continue receiving a paycheck if you are unable to work…

QUESTION: If you had a Machine that could produce $100,000 per year  how much would you pay to Insure that Machine?  (or whatever income you currently make).

ANSWER: You are “that machine”! It typically costs about 1% to 4% of your Income to adequately protect 60% of your income if you cant work (do your job “OWN OCCUPATION”).

Job A or Job BMost people would be willing to pay $1,000 to $4,000 per year to make sure that machine keeps pumping out money.

This is how Disability Insurance works.

There are many ways to keep it affordable as well, so don’t let the cost prevent you from looking into it. A quote is free and no commitment…its very quick.

The main information I need to run a quote is: Age, Income, and Profession

Recently I met Roger Sweaney, who is a real life example of how a healthy 34 year old needed Disability Insurance, but didn’t have it. Suddenly with no prior issues a brain tumor was found. It was successfully removed, however it caused epilepsy. To prevent the constant epileptic seizures, he had to have another surgery which caused a stroke. To this day he is unable to work, yet is now starting a speaking tour to help bring a real life example of why you should get Disability Insurance.

Just because someone looks “normal” and okay does not mean they are able to function full time…most disabilities are partial (only able to work part time). If you can only work 40% of the time you get 40% of your Disability benefits.

Roger Sweaney & Gary Franke

Roger Sweaney & Gary Franke

Did you know that an individual is about three times more likely to become disabled for 90 days or longer than they are to pass away before age 65.

90% of disabilities are due to an illness and only 10% are due to an injury!

EXAMPLE: If you are 40 years old, you have 25 more years until retirement (at Age 65). Your income potential would be as follows:

$100,000 Salary  x  25 Years = $2.5 Million Income (with a 3.0% annual raise it’s $3.6 Million)

Congratulations you are a Millionaire! If something happens that turns off that INCOME you are screwed…

Disability Insurance is more crucial than Life Insurance in my opinion. Because you are still alive, yet unable to earn an income (or reduced income working ‘part-time’) you are at a great disadvantage.

 Why It’s Easy to Get Started

I work with eight Disability Insurance companies to ensure you get the BEST Value for the coverage. With Disability Insurance you ‘get what you pay for’, meaning cheap coverage equals more restricted payouts. However depending on your “Professional Occupation” some companies have better coverages for some jobs than others.

We will make sure to lay out all your options, then allow you to customize a policy that best fits your budget and coverage needs. Typically this might be obtaining a smaller policy now and upgrading your coverage down the road.

If you have any questions please give us a call anytime at 425-802-2783.

Below are our areas of expertise:

Gary Franke, MBA
Independent Broker
Achieve Alpha Insurance, LLC           
12507 Bel-Red Rd, Ste 103
Bellevue, WA 98005
(425) 802-2783

Protect Yourself and Your Family With Disability Insurance

So many plans to choose from

When you go shopping at the mall do you only go to one store?  Of course not, so when you purchased Insurance in the past did you shop around for the lowest prices? How do you know if you are getting the best financial products and services? 

diasabled man in crutches representing disability insuranceLearn more about Disability Insurance and your options.

As an Independent Broker I represent you the client, not just one company. This allows me to seek what is in your best interest as all companies pay me the same.  Overall I’m a very analytical person and truly enjoy seeking the best prices my clients.

“Alpha” Means “Excess Return above the Market Rate”. Seeking professional advice from an Independent Broker will enable you to seek out many additional options available and truly customize what works best for your portfolio.

My focus is to work with clients to find the BEST rate for their needs and budget…and it’s just that simple.

Get a quote today


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