May is Disability Insurance Awareness Month or “DIAM”, a time to recognize that disabilities are more
common than we may think and preparing for those “what if” moments is key. To start a conversation
and bring awareness to disability insurance (DI), we have created a series of articles that we hope will
educate and inform you about the importance of DI. We will share some key facts and statistics to help
you understand why disability income protection is an essential part of your financial strategy.
Many people understand the importance of a strong financial strategy that includes a robust set of
products like life insurance, retirement plans and wealth management. However, many overlook the
importance of protecting the source that funds it all — income. By having a strong, holistic financial
strategy that includes income protection, you and your family can be better prepared should a
disability occur. After all,the odds of becoming disabled during your working years is just 1 in 4.1
Adding disability insurance to your financial plan can help ensure that if disability were to strike, you
could continue your life without the financial burden of losing your paycheck. Owning disability
insurance is an important piece in helping to maintain a financially confident future for you and your
family. At Rethink Wealth, our goal is to help you establish that sense of confidence for your
future.
Check out this helpful infographic that shows why a holistic strategy that includes income protection
and covers all aspects of your life is key.
1Social Security Administration Fact Sheet, January 2021