(NAPSA)—The next time you review your family finances, it may pay to take your insurance into account. That’s because, beyond medical and dental coverage, there are a numberof forms of insurance that can help protect some of your family’s assets and lifestyle. Protect Your Income Consider: How would your fam- ily get by if you were seriously ill or injured and couldn’t work? Dis- ability insurance—sometimes called income protection insurance—canhelp replace lost income if you're unable to work due to an illness or injury. Many employers offer disability income insurance but, according to the Council for Disability Awareness, approxi- mately 100 million U.S. workers are without it. A disability policy can provide cash benefits to minimize financial risk while you’re recovering from a disabling injury or illness. Coverage is available at different levels, but the best poli- cies will generally cover accidents and illnesses, pay for partial or recurring disabilities and offer an inflation-adjustment feature. Protect Your Credit A recent study by Harvard Uni- versity researchers found that 50 percent of all bankruptcy filings were partly due to medical ex - penses. Supplemental insurance plans can be used to help cover some out-of-pocket medical expenses such as deductibles and co-pays. Supplemental policies generally pay cash benefits directly to the policyholder. Because the benefits are based on a qualifying occurrence—such as an accident or hospitalization— oa 3 ae ar Using your insuranceto help protect not just your health but also your finances can help you make the mostof your coverage. can add financial distress to an already difficult and painful situation. Life insurance—available in many forms and benefit levels— can help ease the financial burden of an unexpected loss. Not only can life insurance provide a financial cushion to help make up for lost income, a small supplemental life insurance policy (with benefits of $10,000 to $25,000) can berelatively inexpensive and benefits provided can be used to help cover immediate expenses such as funeral costs. Using your insurance to help protect not just your health but also your finances can help you make the most of your coverage. Get Assistance Everyone’s situation is different, so it’s important to look at they’re payable regardless of other insurance coverage and can be used as the policyholder chooses. Protect Your Family your specific needs. Combined more than emotional grief. Lost income as well as final expenses or call (877) 566-8760 for a free A sudden death can inflict Insurance offers a free, downloadable needs assessment to help you evaluate your situation. Go to combinedinsurance.com/myneeds copy of the questionnaire.
