Accident Disability Insurance
Do I Need Accident Disability Insurance?
Although, of course, we don’t want them to, accidents happen in life. If we’re fortunate, we’re left with few if any lasting effects. However, there are certain cases when long-term disability can result. In this case, not only do we have to worry about recovering from our injury or disability, but we have to worry about carrying on and paying the bills as well. This is where accident disability insurance comes in.
Unfortunately, although it’s a common belief, National Insurance Tax does not cover you for disability. This was true to some extent prior to 1995, but it is no longer. Today, the government will only help you if you cannot work at all. Even then, you can only expect to receive about
August 29th, 2010 in
Disability Insurance | tags: Belief, Disability Payments, Extent, Insurance Cover, Long Term Disability, Maximum, Statistics, Term Illness