The Practical Value of Insuring Against Life’s Risks

Insurance is one of those financial decisions that often feels more like a cost than an investment—until you need it. Like replacing a roof, it’s not glamorous, but when the storm comes, you’re grateful it’s there.

Despite its importance, many Americans remain underinsured:

• 57% don’t have private short-term disability coverage¹
• 65% lack private long-term disability insurance¹
• Nearly half have no life insurance²

These gaps can expose families and businesses to serious financial setbacks if life takes an unexpected turn.

Most people understand the need to insure their home or car. But the financial impact of an accident, illness, or untimely death can be far more damaging—especially if you’re the primary source of income for your family or business. Life and disability insurance provide a layer of protection that’s easy to overlook, but critical for safeguarding the future you’re working hard to build.

When coverage isn’t required—such as life or disability insurance—it’s tempting to avoid the premium cost and hope for the best. But insurance isn’t about expecting the worst. It’s about being prepared, so one event doesn’t unravel years of careful planning.

Viewed through that lens, premiums aren’t a loss. They’re a strategic way to help preserve your financial stability, protect your loved ones, and maintain momentum toward your long-term goals—even if life doesn’t go according to plan.