A short or long-term disability may have implications on your finances and lifestyle. In the event of disability not only one looses monthly income but also incurs additional costs related to medical expenses. Disability insurance replaces a part of your monthly income if you are unable to work due to an injury or illness. It is also known as Income protection.
While everyone has been focusing on the new tax plan that was passed at the end of last year, we can’t forget that for 2017 taxes must still be filed as they have been before.
Whether an individual work in the insurance sector or not, everybody knows about insurance and its benefits.
However, most people do not aware of disability insurance and how it can help a disable in protecting income.
Let’s explore a few important factors that you must consider when purchasing disability insurance with Randon James Morris.
Apply for Disability Insurance Before You Need It
According to experts including Randon James Morris, it is always better for an individual to buy disability insurance when you are fit and healthy.
For instance, you are an entrepreneur and your income vary from month to month, it is difficult for insurance companies to figure out your exact income.
