funky gadgets & finance
Protect Your Biggest Asset
May 30 2007
One of every persons biggest assets is often the one that gets over looked the most. In fact it is the one that most people genuinely despise. It is their job. Their main income.
The average american will earn in excess of $1 million during their working life. And most will earn well over $2 million. That is a lot of money. So, you would assume that most people would have insurance to protect this asset. Well, you might be surprised. While every person (almost everyone) has insurance to cover their home, because they consider that such a significant asset, the number that protect their income is less than half.
You can protect your income in a number of ways, one is disability insurance, where you receive money if you are totally and permanently unable to complete your usual work activities. Income continuation insurance, where you receive approximately 75% of you pre-injury/illness income, after a certain (waiting) period of time has elapsed (usually 30-60 days).
Check this site for disability insurance quotes and
disability insurance information . There is online videos and other resources that explain disability and income insurance further.
If you are not protecting your biggest asset. Your are not covering your ass(ets) well enough!
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