LTD – Long Term Disability Insurance
You may have some through your employer. Know your benefits and don’t be surprised if you are not covered for your loss of income because of a disability.
Most financial planners will say to have 3 – 6 months of income in the bank…lol…sure – I’ll stop there on that one.
LTD is a must if you are self employed. If you can’t run your shop – where is the money going to come from. This product has many variables to satisfy the needs of most business owners and is priced according to the nature of your business.