Wednesday, April 29, 2009

May is Disability Insurance Awareness Month

Becoming disabled and not being able to work and earn a living is one of the greatest financial risks people face. Many are not aware that:

• Disability causes nearly 50 percent of all mortgage foreclosures. That’s alarming, especially when you consider that 110 million Americans do not have long-term income protection.
• Three in 10 workers entering the work force today will become disabled before retiring.3

That’s why the Life and Health Insurance Foundation for Education (LIFE) is dedicating the month of May to educating the public on the benefits of having disability insurance. This month [name of employer] is working with Principal Life Insurance Company to make our employees aware of their disability insurance options and review their income protection needs.

Disability insurance protects your income if you are unable to work due to illness or injury. Now’s a great time to learn about the coverage you have, get more information about the need for disability insurance and make sure you have the right protection.

• To learn more about income protection, go to Principal Life’s From Here to SecuritySM website (www.principal.com/disabilitysecure). You can use an interactive calculator to help determine how much disability coverage you may need.

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