As a Disability Insurance agent, I get a lot of questions about the timing of investing in Disability Insurance. People like to have exact answers and it’s understandable. It makes them feel assured to know at what exact age they need to do certain things. Some insurance companies and agents like to tell people at what age they believe it’s best to invest in it. But, I believe that there really is no “right” age to invest in this type of insurance.
What It Will Do For You
If you think about it, this is the type of insurance that will help you to continue paying for things such as groceries, day care, mortgage payments, daily bills, etc. if you become disabled/ill and can not work and earn an income. So, technically, one can become disabled/ill at any time. People don’t plan on becoming disabled or sick to the point of not being able to work, things just happen. Car accidents and unexpected illnesses can happen to anyone and anytime
Disability Insurance Is Needed Now
The best answer I can provide to someone asking the question, “At what age should I buy Disability Insurance?” is NOW. The sooner you invest in it, the sooner you will be financially protected from a disability or illness. It’s especially important to keep in mind that Disability Insurance only works if you have it before becoming disabled or sick. So, for example, if a person gets into an accident and becomes disabled today, they can not buy Disability Insurance because they are already disabled and did not purchase it beforehand.
Take Action Today
To learn more about this insurance and your various options, call (800)788-8921 or fill out the Contact Form to be contacted by one of our agents. We are ready to help you create a Disability Insurance policy that is right for your lifestyle and budget.