How Will An Accident or Illness Impact Your Finances?
Updated: Jun 14, 2018
by Monique Albritton
You've been in great health, so you question why you should spend money on something that might happen? Unfortunately you cannot look into a magic ball to see whether or not you will become disabled during your working years. But what if today you are diagnosed with an illness or got an injury which prevented you from working for an extended period of time, would you still have an income? How long would you be able to maintain your lifestyle without a paycheck ... one month? three months? two years? Would you struggle to maintain your household and meet expenses? Would you need to deplete your savings and your retirement accounts? Would you have to fund raise and set up a "Go Fund Me" account? If you answered "YES" to any of these questions, then you should consider investing in a supplemental insurance plan
What Is Supplemental Insurance?
Supplemental insurance is one of the best ways to protect your finances from expenses resulting from an accident or illness. Accident, illness or disability supplemental insurance plans work as your "Emergency Fund". You can receive direct, tax-free payments to supplement lost wages until you can return to work. Instead of worrying about how you will borrow money from family and friends to pay rent or buy groceries, you can focus on getting well. Having the cash to do these things is a good thing... wouldn't you agree?
Learn More About Protecting Your Finances
If you are interested in learning more about how supplemental insurance plans can provide you with the money you need when you are unable to work because of an accident or illness, please click
Monique Albritton is a licensed insurance agent who specializes in affordable supplemental benefits. Monique works with self-employed individuals as well as startups and small business owners to protect their income when the unexpected happens.