Comments on: Protect Your Most Important Asset With Disability Insurance http://genxfinance.com/protect-your-most-important-asset-with-disability-insurance/ Helping a unique generation achieve financial independence. Thu, 24 May 2012 01:09:21 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: kathy http://genxfinance.com/protect-your-most-important-asset-with-disability-insurance/comment-page-1/#comment-78859 kathy Wed, 09 Jul 2008 02:59:56 +0000 http://genxfinance.com/2007/07/23/protect-your-most-important-asset-with-disability-insurance/#comment-78859 really watch what you buy in Insurances as Protective's dealer from Mills Ford Motors in Brainerd Minnesota sold us a disability on our truck purchase in 2006..My husbacnd became perm-total dis vet in 2007..There doing everything not to pay a claim and we are fighting them..They will take your money and not want to pay.There very sly company.We acually were told by a Ford Credit worker that there crooked Insurance company. really watch what you buy in Insurances as Protective’s dealer from Mills Ford Motors in Brainerd Minnesota sold us a disability on our truck purchase in 2006..My husbacnd became perm-total dis vet in 2007..There doing everything not to pay a claim and we are fighting them..They will take your money and not want to pay.There very sly company.We acually were told by a Ford Credit worker that there crooked Insurance company.

]]> By: emilyg http://genxfinance.com/protect-your-most-important-asset-with-disability-insurance/comment-page-1/#comment-61320 emilyg Mon, 03 Mar 2008 18:32:15 +0000 http://genxfinance.com/2007/07/23/protect-your-most-important-asset-with-disability-insurance/#comment-61320 We just got long-term disability insurance at work at no cost to us, and I am so grateful. I may still need to look into short-term disability, though. The long-term doesn't kick in for three months, so I'd hate to be stuck without any income for a few months if something happened to me. Until I get that figured out, I'm working on building up my emergency fund. We just got long-term disability insurance at work at no cost to us, and I am so grateful. I may still need to look into short-term disability, though. The long-term doesn’t kick in for three months, so I’d hate to be stuck without any income for a few months if something happened to me. Until I get that figured out, I’m working on building up my emergency fund.

]]> By: Trees Full of Money http://genxfinance.com/protect-your-most-important-asset-with-disability-insurance/comment-page-1/#comment-61268 Trees Full of Money Mon, 03 Mar 2008 12:49:05 +0000 http://genxfinance.com/2007/07/23/protect-your-most-important-asset-with-disability-insurance/#comment-61268 Great article. There is definately a major lack of preparedness by us X'ers when it comes to disability or other job set back! Nice work. Check out my book review on Rich Dad Poor Dad for what Kiyosaki has to say about your home being an asset! Keep up the good work. Check out my blog if you get a chance! Great article. There is definately a major lack of preparedness by us X’ers when it comes to disability or other job set back! Nice work.

Check out my book review on Rich Dad Poor Dad for what Kiyosaki has to say about your home being an asset!

Keep up the good work. Check out my blog if you get a chance!

]]> By: Money Blue Book http://genxfinance.com/protect-your-most-important-asset-with-disability-insurance/comment-page-1/#comment-60077 Money Blue Book Mon, 25 Feb 2008 19:09:20 +0000 http://genxfinance.com/2007/07/23/protect-your-most-important-asset-with-disability-insurance/#comment-60077 Well that's why it's also wise to develop alternative income streams. That way if you can't do your construction job for example because of an injured back, you can still continue blogging at home to generate income etc. Diversify diversify! -Raymond Well that’s why it’s also wise to develop alternative income streams. That way if you can’t do your construction job for example because of an injured back, you can still continue blogging at home to generate income etc. Diversify diversify!
-Raymond

]]> By: Steven Quinn http://genxfinance.com/protect-your-most-important-asset-with-disability-insurance/comment-page-1/#comment-52213 Steven Quinn Thu, 17 Jan 2008 18:25:51 +0000 http://genxfinance.com/2007/07/23/protect-your-most-important-asset-with-disability-insurance/#comment-52213 Great wbesite, my sister-inlaw has M.S. and just went on disability with social security and disability from work. She has trouble making ends meet with the high cost of her drugs she has to take. I was looking for info when I came across your website. Thanks, Steve If you need any info on car insurance go to: http://yourcarinsurer.com Great wbesite, my sister-inlaw has M.S. and just went on disability with social security and disability from work. She has trouble making ends meet with the high cost of her drugs she has to take. I was looking for info when I came across your website. Thanks, Steve If you need any info on car insurance go to: http://yourcarinsurer.com

]]> By: JEFFREY TOBIAS http://genxfinance.com/protect-your-most-important-asset-with-disability-insurance/comment-page-1/#comment-22712 JEFFREY TOBIAS Sat, 08 Sep 2007 13:55:11 +0000 http://genxfinance.com/2007/07/23/protect-your-most-important-asset-with-disability-insurance/#comment-22712 It took me 5 years to get Social Security Disability,from 7 Chronic proplems,of March of 2004.I applied on my own,4 times,starting in 1999,i was turned down several times.Please,be sure,you hire a Disability lawyer,theres no way,you will get benefits on your own.I got it,through admin istrative Law Judge,and Vocational Worker,that said,i couldnt do any types of Work.My Disability,Retroactive,went back to 1999,and i recieved,$37 ,000,Plus,Retoactive,till 1999, Monthly cash Benefits,862.00,but its the Medicare,thats value,thats probably $600.00 a Month,in value,Meds,are another 200.00 a Month.I assume the value near $1600.00,and many people,refuse to put in for FICA,do it,and early,in life,i was 49,when i collected,im 52 now,and its a Blessing,the most important thing,in ones life,if there injured,where is the Money,going to come from.? Its imperative,to start early,putting,FICA,in the system. I dont see,what the future, in 10 years will be,but i doubt,it will be like im getting now.Anyhow,good Luck,to everyone,that needs it badly. It took me 5 years to get Social Security Disability,from 7 Chronic proplems,of March of 2004.I applied on my own,4 times,starting in 1999,i was turned down several times.Please,be sure,you hire a Disability lawyer,theres no way,you will get benefits on your own.I got it,through admin istrative Law Judge,and Vocational Worker,that said,i couldnt do any types of Work.My Disability,Retroactive,went back to 1999,and i recieved,$37 ,000,Plus,Retoactive,till 1999, Monthly cash Benefits,862.00,but its the Medicare,thats value,thats probably $600.00 a Month,in value,Meds,are another 200.00 a Month.I assume the value near $1600.00,and many people,refuse to put in for FICA,do it,and early,in life,i was 49,when i collected,im 52 now,and its a Blessing,the most important thing,in ones life,if there injured,where is the Money,going to come from.? Its imperative,to start early,putting,FICA,in the system. I dont see,what the future, in 10 years will be,but i doubt,it will be like im getting now.Anyhow,good Luck,to everyone,that needs it badly.

]]> By: div http://genxfinance.com/protect-your-most-important-asset-with-disability-insurance/comment-page-1/#comment-17325 div Fri, 03 Aug 2007 15:41:43 +0000 http://genxfinance.com/2007/07/23/protect-your-most-important-asset-with-disability-insurance/#comment-17325 Hi , great blog . There is one more website which blog visitor's will find useful . , where you can get auto insurance quotes. Tons of great articles , filled with great content. Its must must resource. For more info , go to http://www.go-yokel.org/ Hi , great blog . There is one more website which blog visitor’s will find useful . , where you can get auto insurance quotes. Tons of great articles , filled with great content. Its must must resource. For more info , go to http://www.go-yokel.org/

]]> By: Lucille http://genxfinance.com/protect-your-most-important-asset-with-disability-insurance/comment-page-1/#comment-16604 Lucille Mon, 30 Jul 2007 23:18:35 +0000 http://genxfinance.com/2007/07/23/protect-your-most-important-asset-with-disability-insurance/#comment-16604 Buying your own disability insurance might actually be a better idea than the employer plan. If you pay for it yourself you have more rights and ability to sue if they decide they don't want to pay your claim. If your under an employer plan your bound by ERISA and it is much harder to sue and actually get what your owed. Either way check out the insurance company before you decide to depend on this insurance as your safety net. Doing a google search of the insurance company name and disability insurance or look for federal investigations or class action suits are a tip off that the company in question may make your life hell instead of paying your claim. Buying your own disability insurance might actually be a better idea than the employer plan. If you pay for it yourself you have more rights and ability to sue if they decide they don’t want to pay your claim. If your under an employer plan your bound by ERISA and it is much harder to sue and actually get what your owed.

Either way check out the insurance company before you decide to depend on this insurance as your safety net. Doing a google search of the insurance company name and disability insurance or look for federal investigations or class action suits are a tip off that the company in question may make your life hell instead of paying your claim.

]]> By: Art Dinkin http://genxfinance.com/protect-your-most-important-asset-with-disability-insurance/comment-page-1/#comment-16578 Art Dinkin Mon, 30 Jul 2007 21:24:51 +0000 http://genxfinance.com/2007/07/23/protect-your-most-important-asset-with-disability-insurance/#comment-16578 Thanks for covering this important issue Jeremy. @Chief Family Officer - My Disability is also at Principal (as is many of my clients). They have a great policy. Depending on occupation, Illinois Mutual and Assurity Life treats some occupations (usually blue and gray collar)very well. One of the biggest aspects of Disability Insurance is taxation. If you pay the premium with after tax dollars, then the benefit is income tax free! That makes 60% or 66% of your income stretch much much further! :) Thanks for covering this important issue Jeremy.

@Chief Family Officer – My Disability is also at Principal (as is many of my clients). They have a great policy.

Depending on occupation, Illinois Mutual and Assurity Life treats some occupations (usually blue and gray collar)very well.

One of the biggest aspects of Disability Insurance is taxation. If you pay the premium with after tax dollars, then the benefit is income tax free! That makes 60% or 66% of your income stretch much much further! :)

]]> By: dong http://genxfinance.com/protect-your-most-important-asset-with-disability-insurance/comment-page-1/#comment-16066 dong Sat, 28 Jul 2007 03:23:46 +0000 http://genxfinance.com/2007/07/23/protect-your-most-important-asset-with-disability-insurance/#comment-16066 I personally have my insurance through mass mutual. Though in hindsight, I'd probably go with someone cheaper. This is one area where I really wish I did something sooner. Because I had pinched nerve in my back (not a big deal really) and got my insurance after I was diagnosed, my insurance now doesn't cover alot that's related to my spine. If you can get disability as soon as you can to avoid a pre-exisiting condition clause. I personally have my insurance through mass mutual. Though in hindsight, I’d probably go with someone cheaper. This is one area where I really wish I did something sooner. Because I had pinched nerve in my back (not a big deal really) and got my insurance after I was diagnosed, my insurance now doesn’t cover alot that’s related to my spine. If you can get disability as soon as you can to avoid a pre-exisiting condition clause.

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