EZDIQuotes

Insurance Resources

Posted on: Monday, February 8th, 2010

EZDI Quote is an exceptional place to purchase Disability Insurance, but did you know that there are other resources that can assist you with Automobile, Home and even Pet Insurance? To feel protected you should be covered in all assets of your life. Mortgage Insurance, Health and Dental Insurance can possibly cover out of pocket costs that that could otherwise diminish your funds.  And Renters Insurance, Trip Insurance and Funeral Insurance are all options that we don’t often think of, but not having this coverage could really hurt your financial plan. Researching Insurance may not be the most exciting part of our day, but in the end, if you are faced with a fire, accident, sick pet or other curve ball life throws at you, you will be happy you did!

Disability Insurance Plans Put Things in Perspective

Posted on: Monday, February 8th, 2010

A part of living our lives responsibly is preparing for possible occurrences that could impact our family’s ability to live comfortably. Life insurance is one such way in which we protect against that which we cannot possibly anticipate; should something happen to us unexpectedly, our life insurance policy will ensure that our family is taken care of through the payout of the policy. Health insurance is also significant in this capacity; protecting us against any possible illness or injury that may arise. Further, disability insurance allows us to put things in perspective in regard to ensuring that important elements are put into place to keep our family protected.

Disability insurance plans help people plan for the unexpected in terms of illness or injury. Should a policyholder become ill or injured and not be able to return to work, a disability insurance policy will pick up where the paychecks left off; allowing families to continue to live comfortably regardless of whether or not they are able to earn their current salary.

There is much that we do in order to protect our children and our families; disability insurance is simply another component in this care. For those who have not as of yet purchased a disability insurance policy, the time is now. Consider the following when deciding whether or not you need a disability insurance policy:

* One in seven people will become disabled for five years or more by the age of 65.

* How many months would you comfortably survive without your current salary? With most of us living paycheck to paycheck, there are few among us who would be able to stay afloat without our current wages.

* How will you protect savings – retirement, personal, college – without a comprehensive disability insurance policy? Most people who become disabled and are unable to return to work wind up depleting these savings in an effort to stay afloat. What does this mean to your future or the future of your children?

Long Term Disability Insurance When Just Entering the Workforce

Posted on: Wednesday, October 28th, 2009

When we leave school and embark upon our first real position in our careers, we find ourselves in an enormously exciting time in our lives. For one thing, all the hard work we put forth in our schooling is now coming back to us in terms of being able to start our careers in a great position with a good company; and for most of us, this marks the first time in our lives when will be earning a steady paycheck.

But this time in our lives is also fraught with decision making – some decisions that we had never before considered. Now that we are out by ourselves in the real world it may be fitting to consider the purchase of life insurance – especially if we are newly married. This of course protects our spouse – or other family members – in the event of our death and gives them the financial resources to settle our debt and meet other financial responsibilities. In addition, now may be the time that we are also considering other types of insurance including auto insurance (something that mom and dad may have footed the bill for up until this point) and renter’s or homeowner’s insurance.

But another, equally important, insurance consideration is that of disability insurance. While dealing with a disability is something that we give little thought to when we are young and healthy, the reality is that disability does affect even the young and able bodied. And if it does, we could easily be in a situation where we are once again financially dependent on our parents and perhaps even unable to live on our own.

We certainly don’t want to focus on such possibilities, but we do need a plan. Long term disability insurance will protect our interests should we face an illness or injury and find ourselves without our paycheck. In such a situation, disability insurance will give us the financial wherewithal to make it on our own.

Disability Insurance Throughout a Lifetime, Part II

Posted on: Wednesday, May 20th, 2009

As adults we are called upon to face many responsibilities, not the least of which is caring for ourselves and our families both financially and otherwise. In the last post we talked about how we put provisions in place so that we can rest assured that we are well covered should we face unexpected circumstances – life insurance, health insurance, car insurance, savings – as well as expected events like retirement, and college tuition.

As we discussed, disability insurance is one of those insurance policies – much like life insurance – that tends to be an over and done consideration. It’s difficult to face our own mortality as well as the possibility of an illness or injury stripping our ability to work and earn a living. And so we quickly go through the process of choosing a policy that fits our needs and begin making premium payments. We push the existence of such policies from our mind, all the while safe in the knowledge that we will be protected if something should happen.

The problem with putting these policies completely to the wayside is that allows us to continue paying premiums on a policy that may no longer fit our life. With disability insurance it is important to reexamine our policies to make sure that what we have protecting us is indeed enough as the circumstances of our lives change – marriage, kids, divorce, upcoming retirement, and so forth.

To begin with, be sure to work with a reputable company when purchasing your disability insurance; an organization that has a solid standing in the industry and employs representatives that are communicative and responsive to their policyholders. This will make the ongoing process of checking on your disability insurance policy a smooth and virtually painless one, as your insurance representative will be able to guide you through the options open to you as your situation changes.