The H.U.G. Plan

Recently I wrote on the subject of Disability Income (DI) coverage and gave you all kinds of good reasons why you need the coverage. And we also discussed what DI covers, which of course is you most valuable asset -your ability to earn a living.

With all that we talked about, I failed to go over the most important part, which is how much you need. Most carriers will allow you to insure between 65-70% of your gross income as a maximum. But do you really need that much? There are some people out there who have high incomes but low bills. Or they may already have a passive income stream, like a rental property. In other words, you may be able to survive a few months on just 40% of your income.

That's where our H.U.G. plan comes in. We can estimate your most basic financial needs by totaling up your costs for housing, utilities and groceries. It's simple and takes a few minutes. 

And by figuring up a "good guess" of what your DI needs are, you can save money on your premium. In today's environment, saving a few dollars is a good thing, but having the coverage you need also gives you the peace of mind you want.

For a quick snapshot of how much a policy can cost, click on the "Get a Quote" button in the upper right of this page. Need to stay socially distant? We can discuss with you over the phone.


Chris Castanes is the president of Surf Financial Brokers, as well as a professional speaker helping sales people be more productive and efficient.