QUESTION: What is your most valuable asset? Your car? Your home? Your income over your lifetime?
ANSWER: Your income.
The estimated value of your income is likely $4-10M! As a working professional, your ability to generate income is your greatest asset. Without income, your financial obligations and savings for the future might be in jeopardy. Furthermore, unexpected medical costs are the leading cause of bankruptcies and foreclosures in the U.S.
Knowing all of this, what is stopping you from acquiring income protection insurance?
You might answer…
A. I have Group Disability through My Employer
An employer-sponsored group Long Term Disability (LTD) plan often has gaps and provides inadequate protection, creating a false sense of security. Your ability to maintain your lifestyle would likely be impossible in the event of an extended disability.
B. I Can’t Afford Any More Insurance
A big misconception! People tend to overestimate how much it costs.
C. I am Too Young and/or I will Never Need It
No one wants to think about the possibility of becoming “disabled.” Think of it as income protection insurance. The insurance can be used for pregnancy related issues, mental health issues, skiing accidents, cancer, etc.
Click Below to Answer & Learn More:
- How long can you go without a paycheck? Less Than 6 Months or More than 6 Months
- When is the last time you reviewed your group plan offered through your employer? Never or Last Open Enrollment Period
Auctoris’ Wealth Preservation Advisors can help you navigate income protection options to make sure you and your family are protected. Contact us today.
#5797614.1
Disclosures
Securities Offered Through M Holdings Securities, Inc. A Registered Broker/Dealer, Member FINRA/SIPC. Auctoris is independently owned and operated. Auctoris is a member of M Financial Group. Please go to mfin.com/DisclosureStatement.htm for further details regarding this relationship.
Check the background of this firm and/or investment professional on FINRA’s BrokerCheck
For important information related to M Securities, refer to the M Securities’ Client Relationship Summary (Form CRS) by navigating to mfin.com/m-securities.
Registered Representatives are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to, or contact with, residents of other states will only be made upon compliance with applicable licensing and registration requirements. The information in this website is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States. CA Insurance License #0B71087
This site is for information purposes and should not be construed as legal or tax advice and is not intended to replace the advice of a qualified attorney, financial or tax advisor or plan provider.
#5649476.1
