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Disability Insurance"Individuals need to purchase disability income insurance to protect the life style they have created for themselves and their families."
"I say this from a hard-learned personal experience," says Sam Statland. "When I was eight, my father had a stroke which left his left side paralyzed. Dad was a great guy, a self-made man who owned two men’s clothing stores, the income from which afforded us very comfortable life. Unfortunately, he did not purchase individual disability income (replacement) insurance before he became sick. He never worked another day, and his loss of income financially devastated our family."
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"Before normal retirememt age 1 in 7 working persons will become disabled for 5 years or more." Commissioners' Disability Table |