May is Disability Income Awareness Month.
To better understand your need for disability insurance coverage, it helps to see exactly what you are protecting and why. How important is your paycheck is in creating and maintaining your lifestyle—now and into the future?
Here’s a calculator from the LIFE Foundation to help estimate your needs: Disability Needs Calculator
If you are like me, this number was a LOT higher than expected. Be sure to talk with your Human Resource contact or your Insurance Agent to discuss how much coverage you have for your monthly expenses.