Insure Your Clients'
Living Income Assets
DI did you know: A 35 year old earning $75,000 per year could earn close to $5,000,000 by age 65, but that income is probably not insured?
Why? Because only 14% of those working say they have an individual disability income policy (down from 31% a decade ago), and more than half (53%) say they need it (According to the Insurance Barometer Study)
The opportunities for you with your clients may never be greater.
Virtually everyone regularly insures other, much less valuable assets. For example:
- Their home – at recent average California home values ranging from $600,000 to $800,000. The chance of your house burning down can be about 1 in one million and the chances of a disability can be about one in four.
- Their cars - at recent average California values of $47,000 for new cars and $35,417 for used cars.
- RVs, boats, second homes, and rental properties and even cell phones with values from $500 to $1,000.
But they don’t insure their most valuable asset, their “Living Income Assets”, often worth millions to them and their families.
Check out the below graph showing the relative value of main insurable assets and then the second chart showing “Living Income Asset” values at various ages.
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Don’t Forget To Check Out Our High Caliber Meeting on June 21, 2022. Only 2 seats left. Register Now!
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