Tuesday, September 9, 2008
Insurance - Basic concept
Insurance serves different purposes. If something untoward happens suddenly, there should be some protection for the loss. Insurers come to the rescue of the insureds. Since they have undertaken to compensate the loss suffered if any due to the operation of an insured peril. The insured is put in the same finance position as he was before the loss.
Insurance security
Can your family afford to lose your income during pregnancy? Multiple options are there to protect the income during pregnancy from a long term or short term disability. By staying at home, one can earn money. It is very simple. You can write reviews and strengthen your financial position since you get paid for your acceptable standard reviews. In fact, you may be earning much more by blogging than working in an organisation. Most of the organisations prohibit blogging since it affect their work and spoil the work environment. A little bit of planning before pregnancy helps the moms to over the financial strain. Once you become pregnant and stay home during the advanced stages of pregnancy, you cannot move around to do the job. Missing work during and after pregnancy has become a common occurrence. According to a 2002 study, 29% of short term disabilities (180 days or less) and 12% of long-term disabilities are due to pregnancy. This is a good information that mother's should know. Income Insurance during Pregnancy helps to ensure you don't lose your income if you are unable to perform your work before and after the delivery. Don't let such a joyous occasion cause a financial burden to you and your family. Don't wait until you're already pregnant to inquire about disability insurance.
The press release:
Press Release:
Missing work during and after pregnancy has become a common occurrence. According to a 2002 study, 29% of short term disabilities (180 days or less) and 12% of long-term disabilities are due to pregnancy. Maternity disability can turn what is otherwise a happy occasion into a financially harrowing experience when the mother is left unable to work for months before and/or after delivery. Disability Income insurance can be the answer to the unknown risk to a household’s cash flow due to pregnancy.
Many larger companies offer paid maternity leave to employees whereby the employee is granted full pay for a period of time (generally 3 months) while out of work with the newborn. Any complications that cause the employee to miss work before delivery or beyond the maternity leave period after delivery result in a loss of income for days or even months.
Individual short term disability insurance can provide up to 70% of regular income when you’re not able to work due to illness or injury for 3-6 months. Long-term disability insurance takes over after the short-term benefits period has passed and can provide income protection for up to five years or longer.
Mothers-to-be often rely on the group disability insurance offered by their employer. Group disability usually covers up to 60% of regular income. However, all benefits received from such a policy are taxed as regular income, lowering take home dollars to roughly 42% of regular income. Group policies are also commonly riddled with exceptions and limitations that further reduce or eliminate benefits altogether.
Mothers-to-be with group disability insurance can very affordably plug the holes in their policy with a supplemental disability insurance policy. Supplemental coverage can extend income protection to 100% of pre-disability cash flow and benefits paid from the supplemental policy are not taxed as income.
The key to protecting a future mother’s income during pregnancy is to get disability insurance, be it individual or supplemental, before becoming pregnant. Once pregnant, the eligibility for additional disability insurance evaporates.
Future moms have several options to protect their income from a long-term or short-term pregnancy disability. Without this coverage, families take the risk of losing a good portion of their income for months, if not longer. Whether you participate in a group plan at work or not, maternity disability can be planned for in an affordable manner to help ensure a truly safe pregnancy where your family’s quality of life remains unaffected.
Please visit the site http://www.disability-insurance-update.com/pregnancy-disability-insurance.html with any questions or to find further information regarding the protection of your income during and after pregnancy.
The press release:
Press Release:
Missing work during and after pregnancy has become a common occurrence. According to a 2002 study, 29% of short term disabilities (180 days or less) and 12% of long-term disabilities are due to pregnancy. Maternity disability can turn what is otherwise a happy occasion into a financially harrowing experience when the mother is left unable to work for months before and/or after delivery. Disability Income insurance can be the answer to the unknown risk to a household’s cash flow due to pregnancy.
Many larger companies offer paid maternity leave to employees whereby the employee is granted full pay for a period of time (generally 3 months) while out of work with the newborn. Any complications that cause the employee to miss work before delivery or beyond the maternity leave period after delivery result in a loss of income for days or even months.
Individual short term disability insurance can provide up to 70% of regular income when you’re not able to work due to illness or injury for 3-6 months. Long-term disability insurance takes over after the short-term benefits period has passed and can provide income protection for up to five years or longer.
Mothers-to-be often rely on the group disability insurance offered by their employer. Group disability usually covers up to 60% of regular income. However, all benefits received from such a policy are taxed as regular income, lowering take home dollars to roughly 42% of regular income. Group policies are also commonly riddled with exceptions and limitations that further reduce or eliminate benefits altogether.
Mothers-to-be with group disability insurance can very affordably plug the holes in their policy with a supplemental disability insurance policy. Supplemental coverage can extend income protection to 100% of pre-disability cash flow and benefits paid from the supplemental policy are not taxed as income.
The key to protecting a future mother’s income during pregnancy is to get disability insurance, be it individual or supplemental, before becoming pregnant. Once pregnant, the eligibility for additional disability insurance evaporates.
Future moms have several options to protect their income from a long-term or short-term pregnancy disability. Without this coverage, families take the risk of losing a good portion of their income for months, if not longer. Whether you participate in a group plan at work or not, maternity disability can be planned for in an affordable manner to help ensure a truly safe pregnancy where your family’s quality of life remains unaffected.
Please visit the site http://www.disability-insurance-update.com/pregnancy-disability-insurance.html with any questions or to find further information regarding the protection of your income during and after pregnancy.
Subscribe to:
Posts (Atom)