Long Term Care Insurance and Disability Income Insurance.
If you're not covered by disability insurance through your employer, you should consider an individual disability income insurance policy. Disability insurance replaces a portion of your income in the event you are unable to work for an extended period of time due to illness or injury, allowing you to continue to pay your bills, your mortgage, your car payments and other expenses.
In short, disability provides financial security until you are able to return to the workplace.
The devastating cost of Long Term Care can quickly drain a family of their financial resources. In the event you require it, a Long Term Care policy will help you guard against these ever-rising expenses, which are not covered by standard health insurance plans. Whether or not a Long Term Care policy is right for you depends upon your health, income and assets.