Disability Life Insurance
Life insurance is one of those things that you don’t really think about until you need it. Disability insurance is a type of life insurance that provides you with financial protection in the event that an injury or sickness puts you out of work. If you’re the breadwinner for your family, then disability insurance is essential. No one knows when an accident might happen, and if it happens when you’re the only one bringing in an income, then it could be devastating for your family. That’s why it’s important to have a policy in place so that you can rest easy knowing that your family will be taken care of financially if something happens to you.
What if you become disabled and are no longer able to work? Can you still get life insurance?
The short answer is yes, you can still get life insurance even if you become disabled. There are a few different ways to go about it. You can purchase a policy that has a disability rider, which will pay out a benefit if you become disabled and are unable to work. You can also convert a term life insurance policy to a whole life policy, which will continue to provide coverage even if you become disabled. And finally, some life insurance policies will allow you to add a rider that will pay out a benefit if you become disabled.
So there are options available to you if you become disabled and need life insurance coverage. Talk to your agent about what might be the best option for your situation.