> -----Original Message----- > From: Dana [mailto:[EMAIL PROTECTED] > Sent: Saturday, March 05, 2005 12:10 AM > To: CF-Community > Subject: Re: Life Insurance (Re: Death Of An Atheist) > > Still, let me mention an idea that surfaced in thsi thread.... > disability insurance. Some of you may recall that a friend of mine had > a massive stroke at the age of 40. She wound up having to sell her > house anyway, primarily because she could not longer drive and it was > beyond the reach of public transportation, but the disabilty policy > allowed her the time to organize this so that she got a decent price > and it wasn't a fiasco kicked off by loss of income. Something to > think about.
Too true. Perhaps it's just coincidence, perhaps it's the crushing weight of stupidity, but since my company was bought by a much larger company two years ago five of my close co-workers have needed to go disability (two heart attacks, one bad back, one nervous breakdown and one case of lung cancer). The company DI plan costs in the range of $8 a week and pays full salary for 2 months (short term) and then 65% of your salary after that until you're not disabled. There are also some Annuity vehicles that can help in this regard. We offer at least one product that offers a Guaranteed Minimum Income Benefits or Guaranteed Withdrawal Benefits. These can both help should your income level drop drastically for any reason. (I know this because it's now my job to add these riders to our online account management system. ;^) ) Erika's completely correct that if you don't have family to take of life insurance is probably a waste of money - but Disability insurance your own sweet ass - and that's always worth every penny. ;^) Jim Davis ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Discover CFTicket - The leading ColdFusion Help Desk and Trouble Ticket application http://www.houseoffusion.com/banners/view.cfm?bannerid=48 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:149318 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
