association finance insurance life

The Disability Insurance Blog
News and Information regarding everything to do with disability insurance.

• Disability coverage important for protection
  Do you have disability insurance? Many of us don't. A recent survey by the Consumer Federation of America found that 82 percent of us do not have adequate long-term disability insurance, and one-third said that their families could live for no more than three months on their savings in the event of a disability.
• How do I decide if I need more disability of life insurance coverage?
  Determining how much insurance you need depends on what debts and obligations you want to cover -- and on how much coverage you can afford. Members of the Financial Planning Association of Greater Indiana offer suggestions on how to sort out the details.
• Couple making a killing
  You can learn the darnedest things during a Money Makeover. Like the fact that you're rich.
• Eight Ways To Protect Your Wealth
  This got me thinking about how to preserve and grow my wealth, regardless of what challenges life throws at me. Hence, here are eight things for you (and me) to think about:
• Ten tips: If disability strikes, be ready
  Most working adults in the United States would not be capable of paying their bills for very long if they became disabled and lost their ability to earn a living.
• Motley Fool | Disability, churning and Illinois Tool Works
  Q: Is disability insurance worth it?
• MSN talks on getting disability insurance while you're young
  A recent MSN article about some of the financial shocks new college graduates run into, correctly included the need for disability insurance and specifically individual disability insurance.
• Gambling and Hoping to Lose
  A couple of weeks ago I wrote about how my husband and I have four or five different kinds of insurance and still feel underinsured.
• The Washington Post asks: Do you have enough disablity insurance?
  I just discovered this article from The Washington Post written in the wake of Katrina entitled; "Lessons to Carry Away from Katrina".
• Your future income - Your most important asset
  If you have to work for a living and have no disability insurance, you don't have a financial plan. You're a circus act without a net.
• Life's financial emergencies: what you can do to prepare
  Many people plan for anticipated expenses, like paying for college and saving for retirement. Yet when unexpected financial emergencies occur, individuals often find themselves unprepared.
• Guardian Long Term Disability Insurance Enhancements Enable Hassle-Free Administration of Buy-Ups for Planholders
  The Guardian Life Insurance Company of America (Guardian) today announced the introduction of new voluntary and buy-up Long Term Disability (LTD) offerings, enhancing its current benefits portfolio to further meet the varied needs of customers.
• Insurers ask: Are you sufficiently covered?
  As you make your plans for 2006, take a moment to think about all the things that could go wrong in the next 12 months. Fire. Theft. Untimely death.
• Disability Insurance in California
  Recently in the Sacramento Bee there was mention of the California Insurance Commissioner's foray into "reforming" auto insurance in California.
• Letters: Reforming insurance? Watch out
  Physicians take an oath that begins with the caution to "first, do no harm." Wouldn't it be great if our elected leaders followed a similar premise?
• Disability insurance to avoid - Article comments
  There's an article on Business Week Online entitled "Insurance Plans You Can Avoid" which covers several types of insurance to avoid. I commented on The Life Insurance Blog regarding the life insurance issues and here are some comments about some of the points made that bridge over to the disability insurance arena.
• Do It Now: Create A Will
  A fresh financial start in the new year should include a plan to protect your family should the worst happen to you.
• Life insurance not so important as disability insurance
  Dear Harry: I'm a 45-year- old woman with no life insurance. My husband has a minimal amount through his employer. We have two high-school-age children who are also without insurance. Most of this is a result of extremely difficult financial times ever since we got married. We are finally seeing some light at the end of a long tunnel and need your advice as to what we need.
• Insurers seek restraining order against state
  Citing "irreparable harm to consumers and employers," a coalition of insurance industry and employer representatives have filed for a temporary restraining order in Sacramento County Superior Court to prevent state Insurance Commissioner John Garamendi from imposing "costly and burdensome restrictions" on disability insurance policies.
• Financial musts for every woman
  1. Know your assets and debts. Be able to locate (and understand) the paperwork for all bank accounts, certificates of deposit, retirement accounts, investments, wills, insurance policies, tax records, safe deposit boxes and credit cards.
• New Study Released: Impact of Illness on Family Finances
  A major insurance company completes study on "Critical Illness Financial Impact" which revealed a financial protection gap for families and individuals.
• In the spotlight: disability statistics
  How secure will Social Security help you be if you are unable to work? It is emotionally difficult to prepare for the possibility that you may suffer a disability as a result of an accident or illness, but it is financially imperative to plan. Your quality of life tomorrow may depend on your efforts today.
• Insurance policies for college athletes
  Who is eligible: College hockey players who are drafted in the first round, or are projected to be first-round NHL picks, are eligible for the NCAA's Exceptional Student-Athlete Disability Insurance program. Any athlete can seek insurance through private insurers.
• Disability insurance as a safety net
  Q. I have recently purchased disability insurance. Do you think disability insurance is a good investment? Wouldn't it be more profitable for me to take the monthly premiums and invest them?
• NFL prospects' prevent defense
  As Virginia and Virginia Tech butted heads Saturday, players on both sides had aspirations beyond bragging rights and bowl games, to making NFL rosters and playing on Sundays. Several top prospects have insurance - literally - in the event a catastrophic injury prevents that.
• New Proposed California Regulation on Disability Insurance
  Sometimes regulators come up with "ideas" that are supposed to help the consumer. Recently, the California Department of Insurance came up with a mandate of changes to disability insurance that may have the unintended consequences of less availability of disability insurance. Milliman recently did an analysis of what this mandate may mean and why consumers may not be better off.