Palmer Insurance Vermont

I saw the attached article the other day and thought it contained some convincing information that could be very useful in your decision to purchased disability information.
The CDA is the Council for Disability Awareness and is composed of the 16 member companies who are the top disability companies in the US.

Some of the highlights:

- CDA member companies paid more than $8 billion in ongoing disability insurance payments to individuals during 2009.
- The 2010 Claims Review clearly illustrates that disabilities are more common than people think, and they are on the rise.
- Because ultimately all financial security results from one’s income, it’s imperative that people plan and protect against an income-limiting disability.
- CDA member companies approved long-term disability insurance benefits for 141,000 new individuals.
- The leading cause of disability continues to be musculoskeletal and connective tissue disorders.
- 100 million workers have no private income protection insurance.
-  fewer employers provided group long-term disability programs in 2009.

Here’s the complete article.

I hope this helps strengthens your conviction of the importance of disability insurance coverage.

Enjoy your day.

I received this article recently and it really woke me up to the realities of saving for the future of both both my valued customers and my own family.

No one has ever lost their principle on a fixed annuity due to an insurance company failing. That’s not always the case for the FDIC… And just to give you an idea of how the banks are doing… From 1994 through 2008 there were 94 bank failures. Just last year alone, 140 banks failed and so far 67 have failed this year in 2010. And that number is expected to climb considerably. So not only is the stock market shaky right now… but banks so peachy either.

Read the entire article here. They are asking why I am not selling annuities but fortunately at Palmer Insurance of Vermont we saw the storm coming and annuities was one great way of providing shelter during the turbulent financial times ahead.