One of your greatest assets is the ability to earn an income. If you were to lose that ability due to a disabling accident or illness, how would you pay your bills, send your kids to college, and save for retirement?
A disability can create substantial economic hardship for individuals and their families. As a business owner, both your personal finances and your business could be at risk if you don’t have a disability income insurance policy.
One way to help protect against the financial loss associated with a disability is to purchase disability income insurance. If you pay the premiums, an individual policy can provide you with a tax-free income stream while you are unable to work.