The Pew Research Center reports that 60 % of U . S . households are dual income and typically covers the mortgage , car payments , living expenses , childcare , saving for college and saving for retirement . At the end of the month , families are often left with little or no discretionary funds . If one or both paychecks are suddenly lost due to illness or death , would there be enough money for your family to make ends meet ? Let ’ s talk a little about illness . We often think about health insurance to protect us for illness , but what happens if the illness is long term like a critical or chronic illness and you have to take the time off from work to recover ? According to the Council for Disability Awareness , an accident is not usually the cause of a disability later in life . Instead , the inability to earn a paycheck

can be caused by heart disease , cancer , and other serious illness .

Would you have the ability to write a check to cover your bills or would you want an insurance company to write you a check ? The old notion was that death has to occur for someone to benefit from life insurance . Not anymore ; there are plans that give you benefits while you are alive so that your bills are covered while you are recovering .

If the breadwinner in the family is suddenly gone due to death , can the family continue to maintain their current lifestyle ? Nothing can replace you when you die but with the right amount and type of insurance , your family can have the peace of mind that comes from knowing that the people who depend

on you will have the financial security to continue to live without the worry of not having enough monies to keep the lights on , remain in their home and continue to plan for the future .

If income protection is a concern to you and your family , we need to have a conversation …

Nesterine Blair , WFG Associate WFGConnects . com / NesterineBlair NesterineBlair @ gmail . com

BOTTOM : COURTESY OF NESTERINE ; TOP : ADOBE STOCK

4 IBA Success Magazine n VOL 4 , Issue 5