UNABLE TO WORK
Most breadwinners with family responsibilities do not give disability insurance the same amount of consideration that they give to life insurance. However, heads of households may want to consider that just over one in four of today’s 20-year-olds will become disabled before they retire. This statistic alone should lead them to consider what would happen to their families if they were to lose their ability to work, even for a relatively short period of time. While some companies provide group disability insurance to their employees, the policies may be limited in their coverage. Private disability insurance is available as a supplement to group disability insurance, or it can provide protection for employees with nothing else to rely on.
NOTE: While those working in laborious jobs might be expected to be more vulnerable to injuries that lead to disability, cancer does not care what your job is.