Disability Insurance for Young Adults

Disability Insurance is important for young adults to protect their income and maintain financial stability if they become unable to work due to illness or injury. A significant amount of young adults will experience a disability before retirement.

Some reasons you should consider Disability Insurance:

Financial stability:

Disability insurance provides a regular income replacement if a young person can no longer work, helping them cover essential expenses like rent, utilities, and bills.

Long-term goals:

Disability can alter long-term financial plans, such as buying a home, retirement saving, or paying for children’s college education.

Lower premiums:

Generally, younger individuals qualify for lower disability insurance premiums, making it more affordable to protect their income.

Coverage limitations:

Employer-provided disability insurance may not cover all potential needs, where as individual policies can provide more comprehensive coverage.

Security:

Having disability insurance can provide a sense of security and can allow young people to focus on their careers and personal lives without the worry of financial burden if they become disabled.

Protecting Your Future Today