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Replace your income if you become sick or are injured and cannot work


Life’s Financial Journeys

Heading Off to College
Getting Out on Your Own
Blending Two Lives
Having a Child
Emptying the Nest
Entering Retirement
Divorce
Death of a Life Partner
Military Life


When you get out on your own you add a considerable amount of expenses that would continue whether you are working or not. An illness or injury that prevents you from working can jeopardize your independence. Disability income insurance can pay you a monthly amount to help replace the income you have lost.

The following resources may assist you in understanding about replacing your income if you become sick or are injured and cannot work:

Disability Income Insurance Need Worksheet

Protecting Your Financial Future With Disability Insurance

Consumer Guide Disability Income Insurance

Guide to Disability Income Insurance

Disability Insurance Fully Explored


Getting Out on Your Own Tasks

1. Finding housing
2. Building credit access and usage
3. Reaching financial goals
4. Setting up a spending plan
5. Getting properly insured

Getting properly insured Subtasks

1. Protect from losses that can result from owning and using a vehicle
2. Protect from losses related to your personal property and home
3. Replace your income if you become sick or are injured and cannot work
4. Cover your medical bills if you become sick or are injured

Permanent link to this article: http://napfafoundation.org/financial-help/getting-out-on-your-own-2/getting-properly-insured/replace-your-income-if-you-become-sick-or-are-injured-and-cannot-work/