If you are not independently wealthy, and depend on your INCOME to pay for living expenses, don't you agree that income is your most valuable financial asset? That asset is what you use to buy and preserve ALL YOUR OTHER ASSETS!
If you work for an employer, and they offered you a voluntary benefit program that would guarantee that a large part of your paycheck would continue:
... wouldn't you, at least, check into the cost of such a program?
What percent of your income would you want protected... 50%, 75%, or more?
An Employer CAN'T and WON'T guarantee such an income to you. That's not their job or function. But, YOU can protect your income.
If you are SELF-EMPLOYED, this type of protection is even MORE important!
Insuring Paychecks..... That's what I've been doing for over 45 years, using quality life insurance, disability income, and retirement products from various highly-rated insurance carriers.
So, if you agree that your INCOME is important, please review the various sections of my website for helpful information related to your financial security and retirement issues. I will be happy to explain what I do in a 15 minute phone call, or a personal visit with you.
Let me know if I can answer any questions, and thank you for visiting!
C. Wayne McCullough, LUTCF
Independent General Agent
(To find out more about Wayne McCullough, visit the "About Us" section.)
YOU MAY ENJOY VISITING THE INFORMATIVE QUICK LINKS BELOW:
CLICK HERE FOR INSTANT LIFE INSURANCE QUOTE ESTIMATES
See rate estimates for many companies, based on the information that you enter about yourself. If you need help, just give me a call or email me (Wayne@InsuredPaychecks.com).
INSURANCE 101: Life Insurance, Disability Income, Long Term Care
Click this link for lots of information on insurance and other financial issues. Whether you're single, married, with or without kids, an "empty nester", a business owner or whatever, you'll find helpful info. (source: LifeHappens.org)
To listen to a podcast on financial security matters, click the link. This podcast is sponsored by NAIFA (National Association of Insurance & Financial Advisors), my professional association, and RealWealth Media. There is a different financial subject every month. Hope you enjoy, and find the information helpful.
Income! Think about it... if you lost your bank accounts, retirement accounts, your cars, even if your home burned to the ground, and they were NOT insured, wouldn't you be able to replace them eventually... as long as you retain ONE THING... your ability to earn a living, an INCOME.
This would be true even if you lost everything you have in the stock market, wouldn't it? It would take a while, but income now is the only way to replace it over time.
Most people have their home, auto, jewelry, and all their other property insured, and usually for "replacement value". In other words, if your house burned down, wouldn't you want it insured for an amount that would pay to rebuild it? And likely, you have that type of coverage on your cars and other property. But what about your INCOME? The average American has about $170,000 of life insurance. That's about 3 YEARS of the average person's income! Do you have kids? How old will they be in 3 years? Is your income insured properly against death?
What if you got sick or hurt in an accident? How long would your income continue? Perhaps Workers Comp would pay you... well, maybe for a while, and at a reduced amount, but ONLY IF YOU WERE HURT ON THE JOB!
How long could you stay "in your own world", paying your bills out of your savings?
I am an independent insurance agent, licensed for over 45 years. I have contracts with about 25 different insurance companies. My primary job is insuring income. Income can be lost by premature death, sickness, accident, and even retirement. I can help you find the correct amount and type of coverage to protect you, your family, and maybe a business (if applicable).
Please call or email me today for more information. No cost or obligation.
Thank you.