The Life and Health Insurance Foundation for Education makes this declaration annually, but the average person could miss it (start planning ahead for Life Insurance Awareness Month, which comes in September). Kidding aside, the occasion prompted me to realize that I haven’t ever written about disability insurance, which most people understand only vaguely.
Life insurance is something you probably don’t need if you’re single and have no dependents. But if you become unable to work, you still need money to live whether you have dependents or not. One way to provide for that need is insurance.
If you’re under 60, …Read More