Dictionary Definition of Disability By far, the simplest definition of disability comes from the dictionary. Merriam-Webster defines disability as: : a condition (such as an illness or an injury) that damages or limits a person’s physical or mental abilities : the condition of being unable to do things in the normal way: the condition[…]
Life Insurance is a simple answer to a very difficult question: How will my family manage financially when I die? It’s a subject no one really wants to think about. But if someone depends on you financially, it’s one you cannot avoid. There are many types of life insurance, but for all of them the bottom[…]
Just like cars have a standard model, disability insurance has a base policy. Just like cars have options that can be added to the standard model, so does disability insurance. Optional “add-ons” to the base policy of disability insurance are called disability insurance riders. Riders allow consumers to individualize—to add optional features—to their base policy,[…]
It would be understandable if some people’s definition of the American Dream included early retirement. Perhaps certain American dreamers look to move to a warm locale, near their families, or near a great golf course to experience the glory of an extended retirement. Early retirement isn’t possible for all workers, but for those who[…]
An ounce of prevention, the old saying goes, is worth a pound of cure. That’s certainly true about disability. You can immediately reduce your odds of becoming disabled by making a few commonsense improvements in the way you live. Embrace a healthy lifestyle Oh, you’ve heard this one before? It’s still true. Shedding bad habits[…]
Protect your Greatest Asset: Your ability to earn. It takes years of education, training and commitment to practice medicine. If you became too sick or hurt to work, what would happen? Would your patients have to go elsewhere? How would you earn an income? Would your lifestyle have to change? Currently, the major players with[…]
You hope it never happens, of course. But ignoring the possibility is hardly the answer. Does preparing for disability seem overwhelming? It’s not. The Council for Disability Awareness has created a simple, five step Financial Security Plan to give you a clearer understanding of your financial “big picture,” including: Your sources of income, monthly expenses[…]
Ah, to be a millennial. So young, so invincible … until you’re not. Regardless of your current vigor and vitality, it’s important to consider the possibility that you might not always be able to work. If you rely on working to pay the bills, to eat, and to just generally survive, you need to think about[…]
If your loved ones will suffer financially when you die, you are in need of a life insurance policy to help support your family after your death. Having a life insurance policy can help protect your family when they may need it most, but what happens if you are declined for life insurance? Even though it’s not[…]
As most of us are (painfully) aware, our genes have quite a lot to do with how we develop and function in this life. We are predisposed to certain traits because of our genetic makeup. Genetics and disabilities are also inextricably linked, though the relationship between the two is exceedingly complex. The rise of genetic[…]