The Benefits Of Retirement Protection Disability Insurance
By Andy Puls
Americans place a significant amount of importance on savings. According to a global survey conducted this year, U.S. workers save just shy of $700 a month for retirement—a figure double the amount saved by workers in Germany, Italy, and France and over ten times the amount saved by workers in China. With Social Security’s uncertain future, Americans see saving for as more vital than ever before.

Now consider how a disability could affect your ability to save for retirement. The two primary aspects of most successful plans are positive annual returns and consistent contributions. A disability will not affect the performance of the money you have already invested in retirement, but it certainly can bring your contributions to a halt. Fortunately, there is a way to ensure that a disability will not derail your contributions.

A protection disability insurance policy pays the insured a benefit of up to $3,670 per month that can be contributed to a plan if he or she becomes disabled. This benefit not only pays the insured’s current contribution, but will also cover the amount their employer matches.

A protection disability insurance policy is independent of other disability coverage you might have, but it shares

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