“I don’t need disability insurance! I’m only in my thirties (or even twenties) and completely healthy. Why would I want to waste my money on that?”
Let me tell you why. It is completely natural for a person to believe “only bad things happen to other people.” The truth of the matter is; accidents happen all the time. I don’t know about you, but I’m accident prone. Disability insurance protects people from being unable to work for an extended period of time.
A few years ago my lovely sister took me to NYC for the first time. It was absolutely perfect, except for one tiny little thing: she got hurt. And in my family, getting hurt means trips to the hospital, which insurance comes in handy. Leave it to my sister to get hurt playing “Chopsticks” on a floor piano… just like Tom Hanks did in the movie “Big.” This was not only my first time in New York City but also my first ride in an ambulance with a direct stop to the emergency room. Turns out my sister tore her ACL and needed surgery when she returned home.
What would happen if something happened and you couldn’t work for a few weeks? How would bills get paid? With disability insurance, this gives the security of knowing you’d be financially covered should anything happen.