Disability Insurance – Is it really necessary?


There is no doubt that your greatest asset is your ability to work and to earn an income.


Suffering from a long-term sickness or injury will prevent you from earning an income, financially crippling you and your loved ones and making you dependent upon others.


Over an average working lifetime, you could earn in excess of R14,000,000!


So, your earnings are vital to both you and your family’s continued financial security.


· What will you and your family do if your income stops through disability?

· Who will have to support you and your family, for the rest of your


· Will your spouse be able to support you on one salary?

· How will they manage?

· How will it affect your family’s current lifestyle?

· And what can they do to protect you, if they die before you?

· Worse still, if you are single, who will you then depend on? Your 



A huge responsibility that no one should have to bear.




· You could also lose all your current assets and investments.

· You could also lose your family home and your pension savings  


· Will your children be able to stay at their school?

· Your life could change for the worse.



And a disability lasts for the rest of your life!


Disability can happen at any time, to anyone – regardless of race,

religion, gender or profession. It is not selective!


Your need for disability insurance becomes even more important

if you have other people outside of your immediate family, like an elderly parent who depends upon you for income.


A situation that is too frightening to contemplate – but that can so easily be prevented!


After all, you insure your house, car and other assets, which don’t come anywhere near your income earning potential.


If you are managing to survive on your salary… how will you survive without it?


If you can’t afford the insurance premium, you sure can’t afford a disability!


You have a;


· 1 in 1200 chance you may have to claim for fire or theft in your 



· 1 in 250 chance you will damage or have your car stolen.


· 1 in 8 chance you will suffer a disability before age 65.


One year of disability can wipe out 10 years’ worth of savings.


More homes are lost through disability than death.



Surely it makes sense to secure your income earning potential?


Health Disibilities