This is a story that I debated telling, but I think its power speaks to the level of understanding that people need to have when it comes to protecting themselves and their family. Tragedies happen… Plain and simple.  I hope it doesn’t happen to you, but there is a 1 in 7 chance it will.

The Story

A while ago, I called a client of mine to touch base. Their homeowners insurance was renewing and I wanted to see if anything had changed in their lives that might warrant a change in coverage (one of the many things that differentiates an Independent Agent from 1-800-Number).

When the husband picked up the phone I could tell that something was wrong.  I asked him how things were and if anything had happened over the last year that I should know about, (improvements to the house, etc). His response rocked me like an earthquake:

“My Son was hit by a drunk driver… head on collision… He’s going to live but will be permanently disabled…”

My heart exploded…

The Son’s accident is the reason that long-term disability insurance should be as mandatory and Auto insurance.  This kid has 60 years of life left…

Fresh out of college, he was probably not making that much money, so you figure any disability policy that he could have purchased would not provide a huge weekly or monthly benefit.  But that benefit would be paid for the next 40 years (standard long-term disability policy pays till age 65).  That’s 40  years of consistent payments to help make a life for himself.

Horrific tragedies are not to be taken lightly and I don’t want you to think this is some dirty sales pitch because its not.  This is just a warning, a story I hope I never have to live through and I hope you never have to live through.

That night I prayed for the man and his son and then I prayed for my own family.

But if it does happen to me, I want “How am I going to pay the bills?” to be the last question I need to worry about.  Think about it, then talk to someone you trust about purchasing long-term disability.  Its a decision you will never regret.

Disclaimer:

This article is for informational purposely only. There is no legal advice being suggested or proffered and the author assumes no responsibility or liability for the actions take or not taken by the readers based upon such information.

Thank you,

Ryan H.

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