Disability
The Disability module illustrates the costs a disability can have on a client’s savings and assets, and determines the extent the client is prepared to fund a period of disability. In addition, the module explores options, such as disability insurance, to fund any shortfall.
Module Target User – Advisors, Clients
Completion Time – 10 to 20 minutes
This module:
- Calculates the potential value of a client’s lifetime earnings
- Demonstrates the chances of experiencing a disability at different ages
- Compares current income needs with potential disability funding resources to uncover shortfalls
- Illustrates how a disability insurance policy could protect a client’s lifestyle