PENTECO  Financial & Insurance Services

Serving the Nation's Capital & Mid-Atlantic Region
For Over 25 Years
(703) 799-2500 / (866) 4PENTECO

 

 

 

Disability Insurance


Know the Facts

You may have your reasons for not buying individual disability income (DI) insurance. But do you know the facts?

Reason 1: I can always buy coverage later.
Fact:
People usually don't get healthier as they grow older, and coverage will cost more.

Reason 2: My family and friends will help me.  Or I will use my savings.
Fact:
Are your loved ones in a position to support you? Do you want them to? And, even with saving 10% of your salary, one year of disability could easily wipe out many years of savings.

Reason 3: I have disability coverage through my employer.
Fact:
Group disability insurance typically covers 60% of gross income, and benefits are usually taxable. Can you afford more than a 40% pay cut?

Reason 4: It costs too much. I'll purchase it later.
Fact:
The average annual cost is typically only 1% to 3% of what you earn. Plus, the longer you wait, the more likely the premiums will be more expensive.

Reason 5: It won't happen to me/I expect to stay healthy.
Fact: During the course of your career, you are 3 1/2 times more likely to be injured and need disability coverage than you are to die prematurely.1

Ask me how I can help you protect your income!
Your ability to work and earn an income is your most valuable asset - make sure you have the income protection you need!

Lori Pederson
lori@pentecofinancial.com

1 Health Insurance Association of America, 2000

This is a general summary only. Additional guidelines apply. Disability insurance has limitations and exclusions. For costs and complete details of coverage, contact your Principal Life financial representative.

 

If you are not appointed with Principal Life and do not want to receive e-mails of this nature from our office, please click here and we'll take you off our office e-mail list.

Principal Life Insurance Company, 711 High Street, Des Moines, Iowa 50392
Disclosures and Terms of Use | Privacy and Security

2007 Principal Financial Services, Inc. "The Principal," "Principal Financial Group" and the Edge Design are registered service marks and the illustrated character and "We'll Give You An Edge" are service marks of Principal Financial Services, Inc.
Approval #4890072009 | DI 8092

 

PENTECO, LLC
www.pentecofinancial.com
Correspondence: P.O. Box 210, Mount Vernon, VA  22121 (703) 799-2500/ (866) 4PENTECO/ (703) 799-7489 fax
email: info@pentecofinancial.com

 Privacy Policy | Site Map

Copyright 2004 PENTECO LLC.  All rights reserved.
 

Website design by Pederson Consulting