May is Disability Insurance Awareness Month

This is the basis for a formal effort to educate and inform the public about the need to protect their ability to earn an income from loss due to disability from illness or accidental injury.

The message is that each of us needs to have some form of insurance to provide a monthly replacement of income if we are unable to work and earn a living. This is not about workers’ compensation benefits which only provide a monetary benefit if you are injured in the performance of your job. This is not about Social Security benefits which are only available if the disability is expected to be permanent.

It is important to understand that even when an individual is approved for SS benefits for disability, those benefits are not equal to pre-disability earnings. To translate what this means for you, there is no guarantee that you and your family will be able to make ends meet financially on the amount of your Social Security disability benefit payment each month. See article here: