Are you an investment banker? If so, it’s likely that you earn a salary between $50,000 and $198,000 per year, and that much of that money goes to supporting your family. You have quite a few high, ongoing costs. For instance, you need to make a monthly mortgage payment. You have at least two car payments each month, but possibly more. You pay for your children’s tuition. You have insurance costs, and many others.
What would happen if you were unable to work for weeks, or even months? How badly would that affect your family’s financial situation? Investment banker disability insurance can be the key to securing your financial stability.
Why Disability Insurance Matters
Not sure why you need to protect yourself and your family with investment banker disability insurance? Consider the fact that up to one-third of Americans working today will be disabled before they reach retirement age. Consider also the fact that most of those disabilities will not stem from physical injuries, but from medical conditions like heart disease and cancer. There’s little you can do to protect yourself from those threats, and they can strike anyone, of any background, at any time. Investment banker disability insurance ensures that if you find yourself disabled, your family does not suffer financial instability.
How Does Disability Insurance Work?
Disability insurance policies pay you a percentage of your average monthly income if you experience a qualifying disability and miss a minimum amount of work because of it. The money paid to you by the insurer is free to use for anything you need. The catch is that finding the right investment banker disability insurance policy can be a real challenge. This is because each insurer is different, and has different definitions of what constitutes a disability. Most insurers also differ in things like coverage areas and covered items.
In order to benefit from disability insurance, you’ll need to make an informed decision about the policy you choose. We can help you do exactly that, by allowing you to compare disability insurance rates, coverage areas and more from top insurers in the US. Contact us today to learn more by calling 1-877-221-6198 or by using the form on this page.