How can disability cover save your household?
Regardless of whether or not you are concerned about taking out disability cover it’s important to make sure that your household keeps running even when you are unable to provide for everyone. An unforeseen disability is an unfortunate and often unlikely event that occurs to a lot of families. In most instances it happens without prejudice and without warning. It makes no different what it is that you do in life, the chances of such an ill-gotten circumstance occurring are not always likely. The crux of the matter, however, is that you will never know when such an event might occur. You may be driving a few blocks down the road to get a few supplies for a Sunday afternoon lunch and there is an accident that renders you paralyzed from the waist down. It may be that you work in construction and you are around high rise buildings where the chance of falling is always looming in the background. You may be a competitive sportsman where you lively hood depends on your ability to compete. It may happen that while you are jumping off a diving board or tackling an opponent on the field and you land wrong. Any one of these possibilities could happen to you, and it is not a good thing if you haven’t provisioned for such an event. It’s one thing to say that it will never happen, but it’s something else to say that you wish you had.
In the event of your disablement you can really benefit from any additional income many companies offer specific womens insurance plan that you can get. You certainly won’t be able to work at the same levels as you were before. You may lose your current position and be forced to work as an administrator instead of working out on site. You would have to work as a coach instead of actually playing the sport. Regardless of what the new situation is, you won’t be functioning the same as before. You also won’t be earning as much as you were before the incident. That means you won’t have the same work satisfaction and it certainly means you won’t be paid the same either. Disability cover will give you the cover you need for that, and it will pay out in a pump sum or on a monthly basis depending on the insurer and the option you choose. In most cases you will only receive up to 75% of your total income on a monthly basis, but that would work well if you are still able to work at some level. Either way, it’s a good idea to cover yourself regardless of how much you are exposed to such a risk.
Priceline Protects is an Insurance firm. This offers womens insurance, serious life insurance, insurance for women and other critical illness insurance.
Processing your request, Please wait....
