We have another new guest article to introduce to the About Personal Insurance site. Six Misconceptions About Disability Insurance, by D. Woods, addresses the following six disability insurance misconceptions:
1. I am in good health; I won’t become disabled
2. I’m not in a dangerous line of work
3. Worker’s compensation will cover me if I become disabled so I don't need disability insurance
4. The benefits I can get through Social Security eliminates my need for disability insurance
5. I don’t need individual disability insurance coverage, because I’m covered through work
6. I’m too young to worry about disability insurance
Are you finding yourself saying some of these same excuses for not considering disability insurance? Check out the article to see why these excuses may be holding you back from purchasing a much needed disability insurance policy.
Not only longterm disability – short term disability necessary too!