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Disability Insurance

Disability insurance pays out should you become sick or injured and are unable to perform your job. You may get some disability insurance through work, but you may want to buy additional insurance to help replace more of your income. Look at the definition of disability—some policies pay out if you can’t do your specific job while others only pay if you can’t do any job at all.

5 Types of Insurance to Protect Your Income, Wealth and Family

The topic of insurance can bring up tough conversations. No one wants to think about the possibility of not being able to take care of ourselves or our dependents. But the path to financial freedom involves both building wealth and preserving wealth.

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