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Posted June 1st, 2010.

Very Little Cushion

Financing our lifestyle with credit works out okay as long as our income continues. But with very little cushion, we leave ourselves open to financial ruin when disruptions occur. This is why income protection is so important.

Your health and ability to earn an income may be your most important asset. You buy car insurance to protect your car in case of an accident, and home owners insurance in case of fire and other damage. Your ability to make your car payments and mortgage payments rests in your ability to work and earn an income.

Disability insurance coverage replaces a portion of your income should you become sick or injured, and helps you keep your car and home during difficult times. Termite Control