Marketing Monthly | November 2016: Disability & Long Term Care
In this issue:
- A guide to disability insurance
- Why you should purchase disability insurance
- Disability insurance: Protecting your income from the unexpected
- Why should you consider income replacement insurance?
- Are you leaving clients bare?
- Disability is misunderstood
CLHIA | A guide to disability insurance
This guide is designed to help you understand disability insurance and explain what your options are for income replacement in the event you become disabled. More information – and help – is available from your insurance agent, insurance company or group benefits administrator.
Topics covered:
- The basics
- Sources of disability insurance
- Types of disability insurance
- Calculating your disability insurance needs
- How to apply for disability insurance
- Questions to ask about your disability coverage
- Filing a claim
- Consumer information
Why you should purchase disability insurance
Your greatest asset is your ability to earn income and your continued good health is the key to a long and successful working career. The fact is, when you are disabled by an illness or injury, your earned income stops – but your bills don’t!
RBC Insurance | Disability insurance: Protecting your income from the unexpected
No one expects to become disabled, yet it happens every day and usually without warning. Having disability insurance is an effective way to help protect your lifestyle in the event your are no longer able to earn an income.
We’ve created a client-friendly document with a few statistics about disability insurance.
Why should you consider income replacement insurance?
Not working is stressful. Being disabled and not working is very stressful. Being disabled, not working and having financial problems is extremely stressful. When you are already suffering from a physical disability, you don’t need the additional mental anguish caused by a lack of income. Having a source of income at the worst of times instills confidence and confidence assists recovery.
Are you leaving clients bare?
BARE. Miriam Webster defines this chilly term as lacking the usual or appropriate covering. Feet are bare without shoes; houses are bare without roofs; and working Americans (without trust funds) are painfully bare without paycheck protection. It seems simple, but the majority of working Americans still don’t have this obvious coverage in place. Many of them have prepared to die by buying life insurance, but they haven’t prepared to live with disability.
RBC Insurance | Disability is misunderstood
Many Canadians have misconceptions when it comes to disability. As a result, most working adults aren’t financially prepared for an illness or injury. Here, we shed some light on the most common misconceptions—and what you can do to protect yourself.
Information and links to other websites contained in this document are solely for the information and convenience of BridgeForce Financial Group brokers. This information is not intended to provide financial, legal, accounting or tax advice and should not be relied upon in that regard. No endorsement of any third party products, services or information is expressed or implied by any information, material or content referred to, included in, or linked from this bulletin. The approved materials are the property of individual companies used under license and may not be copied, transmitted or used without express written approval. E. & O.E.