What’s Your Personal Disability Quotient?

You know that life insurance and retirement planning are important elements of financial security for you and your family. And you also know that health insurance is necessary to guard against overwhelming medical expenses.

But what if your ability to earn an income was compromised due to a disability? During your working years, you are more likely to face income loss due to disability than to death. According to the Society of Actuaries, three out of every ten workers between the ages of 25 and 65 experiences an accident or illness that keeps them out of work for three months or longer. And, according to the National Safety Council, nearly 60 percent of injuries happen off the job, which means those injuries are not covered by worker’s compensation.

Do you know what your chances are of becoming disabled and not being able to earn an income? This tool helps you calculate your PDQ (Personal Disability Quotient) and offers tips on what you can do to help prevent disability from taking a financial toll on your family. Of course, the most important tip is to have disability insurance to protect your income. Many employers offer this coverage. If yours doesn’t, you can purchase an individual policy. If you’d like a free quote on an individual disability policy, call BBG at (217) 356-1978 or email me at jab@barhambenefit.com.

If you are an employer and would like a quote for a group policy for your employees, you can do so through the Barham Benefit Group website. Whether your company is large or small, BBG will work with you to create a disability plan that meets the needs of your company and its employees--at a price you can afford.