First Concern: Disability Insurance
Interesting article concerning disability insurance today. The sub-title was First Concern: Disability Insurance. In the article the author says: “The most significant concern you must address first is disability insurance. What will you and your family do if you are injured, sick or gone? This is where risk management comes into play because you need a written disability contingency plan. It doesn’t have to be fancy, but you should go through the thought process and make a plan and get insurance coverage for short-term and long-term ability.” What is likely your largest and most important asset? Your ability to earn an income.