Disability Insurance and Asset Protection:
How to Protect Yourself and Your Family if You Get Hurt
So far, we have discussed two types of insurance: that which covers your possessions and that which covers your assets if you cause harm to someone else. But what about you? What if you get sick, injured or even die? Do you have disability insurance, asset protection, or for that matter, asset protection strategies? How do you protect yourself and your family in these instances?
Remember, insurance is a game of "What if?" So ask yourself these questions: What happens if you suffer a serious illness or injury that results in major medical bills and significant lost work time? How do you and your family pay expenses if you are unable to work for an extended period of time?
What Happens to Your Family if You Die? Asset Protection Strategies
These are obviously not pleasant thoughts, but remember that "What if?" is about worst-case scenarios. The next three chapters are about disability insurance and asset protection that covers you and your family if your health goes, if your ability to work goes, or if you die.
