Disability Insurance: Protect Your Income

If you could Print Money?

QUESTION: If you had a Machine that could produce $100,000 how much would you pay to Insure that Machine?

ANSWER: You are “that machine”!  It typically costs about 1% to 4% of your Income to adequately protect 70% of your income if you cant work (do your “OWN OCCUPATION”).

Most people would be willing to pay at least $1,000 to $4,000 to make sure that machine keeps pumping out money.

Do you have Disability Insurance?

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

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

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. My goal is to help you find a Disability Insurance policy that best fits your budget. Typically, this might be obtaining a smaller policy now and upgrading your coverage down the road.

Disabled Man in Crutches represents the need of Disability Insurance

Definition of Disability Insurance

If you look at Disability Insurance as “the ability to protect your future Income” it makes the top three of Insurance products you should get! Unless you are independently wealthy (then you don’t “need” it).

Quick Facts About Disability Insurance

EXAMPLE: If you are 40 years old, you have about 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 (if you get a 3.0% annual raise it’s $3.6 Million)

Wouldn’t you like to protect your ‘Millions’ you are earning??

Disability Insurance Best Value for the CoverageWhy 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 cheap payouts. However depending on your “Professional Occupation” some companies have better coverages for some jobs than others.

Contact Gary Franke today at 425.802.2783 for your Free Consultation and/or a Quote!

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