A philosopher once said that there is one thing of which we can be certain—and that is there is nothing of which we can be certain. One day you’re fit as a fiddle, the next you’re not able to work. You may have someone to cover for you, but will you be covered financially? JSO Financial works with the best firms in the business and has expertise and resources available to handle most occupations, and many medical and adverse history situations. In many respects long-term disability is financially, and perhaps emotionally, much more difficult than death. Not only has the earning capacity of the disabled individual stopped, possibly on a permanent basis, but the additional financial, physical and emotional toll on family care givers, who may be forced back to work, all create a great burden and responsibility. Because of this, it’s critical that each individual has sufficient Disability Income Insurance and/or savings to at least provide for two to five years of income. This will allow time for recovery, and if recovery is not possible, it will provide opportunity for the family to adjust to a reduced standard of living, and enable the healthy spouse to return to the work if not already employed. Singles, who do not have a family financial/physical-help network, must give serious consideration to the place of Long Term Disability Income Insurance in their financial planning. We have found that many business and professional organizations have overlooked the serious problem of having to support a disabled owner/partner. Many have forgotten to deal with this risk in their Business Continuation or Buy and Sell Agreements, as well as not having provided for any funding coverage. Key Person disability income coverage is also often extremely important. JSO Financial will assist you in analyzing your current long-term disability income needs and provisions, and will develop a plan tailored for you, taking into consideration: |
The Guardian Life Insurance Company
MetLife Insurance Company
Principal Life Insurance Company
Standard Life Insurance Company of Oregon Best’s, Fitch, Moody’s and Standard and Poor’s ratings are available. |
