Protect and Preserve your INCOME if you get sick or hurt.
Many families have benefited from life insurance after the loss of their breadwinner. However, what if the breadwinner is still alive but unable to work due to an illness or an accident?
Long-term disability insurance can help you and your family meet expenses while you are unable to work. Depending on the policy you choose, you may receive benefits that cover all or part of your salary, as well as bonuses, stock options, and additional compensation. Our team can assist you in navigating the available options and selecting the policy that complements any existing benefits you receive from your employer.
It is also important to note that if you work for an employer who offers a long-term disability plan, you should know how much your policy will pay in case you are unable to work. If you are not covered, not sufficiently covered, or if you are self-employed, it is advisable to consider owning your personal disability policy.
If you were to become too ill or injured to work, disability income insurance could safeguard 45 to 65 percent of your income. It’s a wise choice if you have financial dependents, college tuition to pay, and mortgage payments to make.
Your income is a valuable asset that is essential for supporting yourself and your loved ones financially, and staying on track with your future plans. To protect a portion of your income, individual disability income insurance can be helpful.
In the event of illness or injury that renders you unable to work, individual disability income insurance can assist you in avoiding depletion of your retirement savings to address income discrepancies. Furthermore, you may consider purchasing a DI policy to ensure continued retirement savings during periods of disability.
Did you know that individual disability income insurance policies can be tailored to your needs? With customizable options, you can prepare for the future by adding a rider to your policy that allows your coverage to increase as your salary grows.
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Investment advisory and fee-based financial planning services are offered through LFG Wealth Management, LLC, a State (FL) registered Investment Advisory Firm. 7971 Riviera Blvd Suite 326, Miramar, FL 33023 (954)526-5240. Additional information about LFG is also available via the SEC’s website: http://www.adviserinfo.sec.gov.You can search this site using a unique identifying number, a CRD number. The CRD number for LFG is 171123.
LFG Wealth Management, LLC offers access to securities through Altruist Financial LLC, a self-clearing broker-dealer. Member FINRA/SIPC. Check the background of Altruist Financial LLC on FINRA’s Broker Check. Shareholders Service Group, Inc. (“SSG”) is also a member of FINRA/SIPC with clearing and custody provided by Pershing LLC, Member SIPC. LFG Wealth Management, LLC’s clients establish brokerage accounts through Altruist. LFG Wealth Management, LLC maintains an institutional relationship with Altruist whereby Altruist provides certain benefits to LFG Wealth Management, LLC, including a fully digital account opening process, a variety of available investments, and integration with software tools that can benefit LFG Wealth Management, LLC, and its clients.
Insurance products are offered through Louis Financial Group, LLC, and Louis Insurance Agency, Inc, licensed insurance agencies registered in Florida. Tax and Accounting Services are offered through LFG Accounting Services, LLC. LFG Wealth Management, LLC, LFG Accounting Services, LLC, Louis Financial Group, LLC, and Louis Insurance Agency, Inc are not affiliates or subsidiaries of Shareholder Service Group, Inc, Altruist LLC, and Altruist Financial LLC.