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Financial Services: Disability Income Protection
Have you ever stopped to consider what your greatest asset is?

Some would answer by saying it is their home. Certainly, here in Hawaii, that is a valuable asset! Others would say it is their business or their car or perhaps their jewelry.

All of these are prized possessions, however ... your greatest asset is your ability to earn an income. Each of us is a money making entity. As long as we remain healthy, we continue to earn our regular income, pay our fixed expenses and hopefully put some into savings, too. As much as we try to avoid life's pitfalls, however, certain things are just out of our control.

Have you ever considered...

  • If it had been you on the horse instead of Christopher Reeve, what would your life look like today? Even Superman became disabled!

  • What if your ability to earn an income died 30 years before you did?

  • What would happen if unexpectedly you become too sick or hurt to work? Who would pay ongoing expenses? Every month the rent or mortgage payment, car payment(s), food bills, utilities and other expenses need to be paid. They are still due whether we have a regular paycheck or not.

When incapacitated, income goes down and expenses go up. Without ongoing income, savings are used... savings that may be earmarked for children's education, retirement and other plans dear to our hearts. Once savings are exhausted, then needed expenditures become debt.

We protect ourselves by transferring risk in many areas:

  • We carry auto insurance and home owner's insurance.

  • We have life insurance to help our family to remain in their own world when we are not with them to provide for their needs.

How do we protect our income and guarantee that we'll have a substitute paycheck when we become too sick or hurt to work? There's a lot depending on your paycheck.

Paycheck Protection (Disability Income Insurance) can be there to insure your greatest asset, your ability to earn an income.

The time to set it in place is while you're still healthy. Premiums are based on several factors including good health and age. You'll never be younger than you are today!

According to the Consumer Federation of America, more than half of American families live from paycheck to paycheck. (Consumer Federation of America survey conducted by Princeton Survey Research Associates, February 20, 2001)
In the last 10 minutes, 10 people in the United States lost their lives due to an accident, 330 suffered a disabling injury. (1993 National Safety Council Accident Facts)
One in five individuals will experience a disability for five years or more between the ages of 35 and 65. (1987 Group Commissioner's Disability Table, Society of Actuaries)
While the average American is between the ages of 35 and 65, he or she runs a 30% risk of suffering a disability of three months or longer. And once a person is disabled for 90 days, the average length of disability is 2 years! (Commissioner's Disability Table A, Society of Actuaries, 1985. Chances of disability occurring before age 65 and lasting longer than 90 days.)

A serious sickness or accident can affect your earning power and your future. Are you doing all you can to preserve your quality of life - and your plans for the future - while you recover from a disability that keeps you from working and earning your income?

Contact our disability professionals to make informed choices for your future. Request Information