Every working professional aspires to achieve financial freedom when s/he won’t have any debts to repay and whatever s/he earns, can be utilized to improve his/her quality of life. In fact, many professionals manage to do just that but if you think that they had little or no disruption in their lives, you are far away from the truth. Disability is a prevalent issue of our time and as many as 12% of Americans are suffering from it at any point. That’s not all; studies have shown that one in three working Americans will become disabled for at least 3 months before the age of 65. Despite that, disability insurance awareness month needs to be observed during May every year to educate people about the need for cover against this risk.
Disability can prevent you from working to earn
Unlike what many people wrongly assume, the main cause of disability is not accidental injuries but illnesses and medical conditions. If you read disability news stories, you will realize that over 90% of disability cases are caused by illnesses and medical conditions. This is massive evidence to prove that every worker is at risk.
Whether you are doing hazardous work at a factory or a desk job in a back office, your chances of suffering disability are almost similar. If you ignore your disability concerns and then happen to fall ill with a long recovery period stretching years, it could financially pull you down by a few years. Regaining your financial condition post-recovery could be extremely challenging.
Long term disability can ruin you financially
As a working professional, your most productive years are the two decades between your early twenties and your early forties. Beyond that, most folks achieve financial independence while some others continue to struggle. Read disability articles to know what happens when you don’t get cover against disability.
When you hear real disability stories, you will realize that most people facing financial ruin after long-term illness and disability either had no disability insurance or had short term cover. Everybody has living expenses and bills to pay and even short-term disruptions make it very difficult to manage it later. Long-term disability insurance covers your living expenses and bills, which is adequate to get through the tough times.
Get guidance from the right advisor
Investing in any kind of insurance requires you to know the basics of the particular kind of cover you are seeking. In most cases, you won’t even know the extent of coverage you need and that’s why you need the guidance of a reliable insurance broker advisor. Speak to family and friends for recommendations especially if they have had a satisfactory experience with any broker.
Doctors disability insurance is not just about reading up the policy terms and conditions but also knowing industry insights and clues about riders in the different policies. A broker-agent advisor is an industry professional with in-depth knowledge and experience of which policy is best for whom. When you hire a broker advisor, rest assured that you will get high-quality service.
Umar Nisar was born and raised in the busy city of Abbottabad. As a journalist, Umar Nisar has contributed to many online publications including PAK Today and the Huffing Post. In regards to academics, Umar Nisar earned a degree in business from the Abbottabad UST, Havelian. Umar Nisar follows the money and covers all aspects of emerging tech here at The Hear Up.
How to Prepare for a Long-Distance Move
More than 27,059,000 people move each year, whether traveling across the state or the country. Regardless of when you’re preparing for a long-distance move, there are several things you’ve got to be aware of ahead of time.
We’ve created a checklist that you can use full of packing tips and other things you need to know, like the importance of hiring movers to aid in the big move. The more prepared you are, the easier and more stress-free the move will be.
Get ready to settle into your new home after you check out these need-to-know packing tips below.
When moving to NY from California, you need to plan ahead. You need to do this to get everything in order, such as shutting off the utilities and turning it on at the new location before you’re scheduled to arrive.
The last thing you want to do is risk arriving at your new place and not having running water or working electricity when you get there. Another reason you want to plan ahead is that if you’ve decided to hire movers, you’ll need to coordinate the day they plan to pick up your items and deliver them to the new house.
Again you don’t want to arrive at your home and the movers not arrive with your items on the day you expect them to. Not only does this leave you without your necessities, but it could also mean you pay additional delivery fees that you’d not planned for.
If it helps, you could make a list of everything you need to do before you are set to move. We recommend making this list ahead of time so that you don’t feel rushed at the last minute to get everything completed.
Moving lots of items a long distance can be tricky, especially if you’re not used to driving a moving truck. Before you’re set to move, make a list of the best movers in your area.
You can do this by creating a list of mover names and estimates from your area. Ensure you have them clarify what you’re paying for because most rental companies provide a specific number of miles locally and out of state that could increase your overall rental price.
You’ll also want to inquire about the insurance needed to schedule movers to come and help transport your items. Ensure you get the estimates for each type of vehicle they offer.
When the move is complete, the larger the vehicle and the more movers you need, the higher the rental price. Once you’ve decided which moving company you’re going to work with, take the next steps to set your reservation.
If you’re making the appointment over the phone, ask the company to send you a confirmation email once the phone call has concluded. This will ensure you have tangible evidence of your appointment reservation just in case something comes up the day of the move where you need to contact the moving company.
When you move a long distance, it’s in your best interest to only pack the items you need and discard items you no longer use. The best way to do this is to take some time to declutter your home before you begin packing.
Make a pile of the items you need to get rid of, whether that means donating or discarding them accordingly. While it might prove to be a time-consuming process, in the long run, it will pay off when you don’t have to do these things while unpacking in your new home.
This is especially true if you’re downsizing and don’t have enough room to store all the items that you have currently in your home or apartment. Another reason to declutter your home is so that you can effectively determine how much packing material you need to pack, such as boxes and packing tape.
Check your local area for packing items because there are several places online where people want to get rid of their extra boxes for free. This can help you to save on packing expenses.
When you move into your new place, the last thing you want to happen is for essential items to be mailed to your previous email. This means you need to take the steps necessary to forward your mail to your new address, which can be done online via the united states postal service website.
When forwarding your mail, ensure you list the names of everyone moving and the address of the new home. Then you will need to specify a date when you want the mail to begin being sent to the new location.
Along with forwarding your mail, you need to remember to change the address on other government documentation, such as:
- Car registration
- Drivers license
- Voter registration
When you don’t place your new address on these documentation forms, completing other things you need to complete after you’ve moved can become challenging.
When you’re moving a long distance, the last thing you want to do is travel back to your previous residence to take care of things that should’ve been completed before the move.
When preparing for a long-distance move, you need to know several things, such as ensuring you forward your mail ahead of time. You should also remember to schedule movers and request estimates to help move your belongings from one place to another.
If you want to know more about this topic, continue to scroll through the posts in this section.
Khalil ur Rehman is a proud born and raised in Abbottabad. Khalil has worked as a journalist for nearly a decade having contributed to several large publications including the Yahoo News and The Verge. As a journalist for The Hear Up, Khalil covers climate and science news. [email protected]