Looking at Disability Insurance
My husband Jerry works in the Research & Development department of an automotive manufacturer, and his duties frequently take him out to the factory floor to test out heavy machinery. If he has to tinker with a machine, that means it’s not working properly, so the chances of a serious injury or disability are pretty high. As a result, we are currently thinking about purchasing disability insurance just to be prepared for any eventuality.
After doing some research on the ProtectYourIncome.com website, I learned that purchasing a good disability insurance policy is every bit as important as buying health insurance or life insurance. That’s because people under 35 years of age (like my husband) have a one in three chance of being disabled for at least six months during the course of their careers. Six months is an incredibly long time to go without a salary (or with just a partial salary), so that’s not certainly not a risk I’m willing to take — especially since there’s a child involved here.
I’m going to devote the next few days to comparing disability insurance quotes and talking things over with Jerry to try to figure out what kind of policy would suit us best. The sooner we get this taken care of, the sooner I can enjoy some peace of mind while my husband is at work!