Affincon

Few consumers are prepared for loss of income
A disability-related loss of income can devastate a household's finances, even in dual-income households, but few people have a plan in place to mitigate the impact. "A well thought-out plan that includes disability insurance is the only sensible way to protect against what ranks as one of the most significant, if not the most significant, threat to an individual's or a family's long-term financial stability," writes Barry Lundquist, president of the Council for Disability Awareness. Advisers should ask their clients about plans for income loss and help them develop income protection plans, Lundquist writes. National Underwriter Life & Health