Client Scenario
Taylor is a 32-year-old registered nurse in Morgantown, WV, earning $78,000. At the local hospital, she sees the impact of disabilities on her patients every day. Taylor is married and pregnant with her first child.
Occupation Class: 3A | Non-smoker
Concerns
As the primary breadwinner, Taylor’s income is vital for her family’s stability. They have $180,000 left on their 20-year mortgage, and about $12,000 in credit card debt. She has 10 years left on her $650 monthly student loan payment. With a household income of $160,000, and a debt-to-credit ratio nearing 35%, financial flexibility is limited as they plan to buy a bigger house for their growing family.
Solution
Protecting Taylor’s paycheck will be a competing priority with other bills now and in the future. Taylor applies for a disability insurance policy with Accident & Sickness coverage. It provides a $900 weekly benefit for up to 2 years with a 90/90 day elimination period to cover her basic needs.
$69.31 Total Monthly Premium
for her Income Protection Disability Income Insurance policy
