Hi, my name is Kirsten Krueger and two years ago, I was in a car accident. I was stopped at a stop sign when the driver behind me slammed into my car. Due to my injuries, I had to spend a few days in the hospital and I was unable to work for two months. My medical care was expensive and without being able to work, I couldn't pay my bills. The car accident was stressful enough and then I had to worry about how I would pay my bills. After speaking with a car accident lawyer, it wasn't long before I was compensated for my medical bills and lost wages from work. I'm writing this blog to help others who have been a car accident and haven't received any compensation. As you read my posts, you'll learn how an attorney can help you if you're in a vehicle accident.
Many people wonder what kinds of insurance they should get to protect themselves. For instance, you probably have homeowners, car, and even life insurance, but you might not think about getting disability insurance. Disability insurance is incredibly important. If you are employed through a company, they might offer it, but in many cases you need to get private disability insurance. Here are some reasons to get disability insurance.
1. You Are Self-Employed
One of the main reasons you should get private disability insurance is because you are self-employed, so you aren't offered any insurance through your work. You have to consider what you would do if you became disabled somehow and weren't able to work. This doesn't even mean if you were disabled long-term, but temporarily. For example, if you have to get a surgery that put you out of commission for a month or two, what would you do about work? Disability insurance will help to keep your financially afloat while you heal.
Many people are offered disability insurance because a company employs them, but if you don't have an employer who gives you all of your insurance, you will need to buy your own private policy.
2. Your Trade Is Dependent Upon A Part Of Your Body
Another good reason to get disability insurance is if your trade is dependent upon you using a certain part of your body. For example, if you are a dentist it is vital that your hands work properly. If for some reason you are no longer able to use your hands, you can't practice your trade anymore and you could be in big trouble.
When you buy private disability insurance you can insure yourself for something like your hands. This way if something were to happen you aren't financially ruined.
3. Your Current Plan Under Insures
Even if you are a contracted employee, you still may need to purchase additional private disability insurance. Your current company may not give you enough coverage, and you feel that you need more in the case that you are injured or disabled. For instance, if you are a single adult, you may not need a lot of coverage, but if you are married individual who is responsible for caring for children, then you might need more coverage than what your employer can offer. In this case, you should purchase an additional plan privately.
These are just three reasons to purchase private disability insurance.
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