This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Got Paycheck? Consider Disability Insurance.

Stocks in this article: LNC

RADNOR, Pa., May 7, 2013 /PRNewswire/ -- May is Disability Insurance Awareness Month, and Lincoln Financial Group (NYSE:LNC) is joining the industry and Council for Disability Awareness (CDA) – an organization dedicated to raising awareness about the risks and consequences of disability – to encourage the public to take charge of their financial security by better understanding the role disability insurance can play in protecting their income, families and business.

Disability insurance is intended to replace or supplement income while employees are out of the workplace due to a covered disabling injury or illness, and can be critical in helping address basic physical needs and daily living expenses.

"If you receive a paycheck, you should strongly consider purchasing adequate disability insurance," said Rob Grubka, president, Group Protection, Lincoln Financial Group. "A disabling illness or injury can prevent you from working and earning a paycheck – and that's a financial risk most of us cannot afford to take. The financial impact of a disability can be devastating, and that is why we recommend you consider income protection as a critical part of your financial plan."

Lincoln is dedicated to developing educational materials, resources, interactive tools and ongoing guidance to support individuals in making informed decisions about protecting their future – such as purchasing disability insurance. Recently, Lincoln launched Lincoln for Living, or LincolnforLiving.com – an innovative website that offers consumers an inventive way to connect to their benefits by using their lifestyle to guide benefit education. The website takes a two-prong approach to benefit education, using information specific to designated life stages alongside a digital tool library.

In addition, Lincoln, a founding member of the CDA, joined forces with other CDA member companies in 2012 to support the Defend Your Income movement — an educational program designed to unite consumers, advisors, employers and insurers in the fight to protect the incomes of working Americans from the financial risk caused by illness and injury. The hub of the Defend Your Income program, which can be accessed at http://www.defendyourincome.org, is a highly engaging web experience, set in a martial arts dojo. The site engages visitors/players to actively learn how to defend their income by meeting their "attackers" and learning about the top threats to their income. Visitors fight off those attackers in the interactive game — and through a series of quizzes, they can also earn their "black belt" in Income Defense. Visitors can also calculate their own Earnable Income Quotient (EIQ) to see their lifetime income-earning potential, and what's at stake.

"Many people in today's workforce don't think about disability until an illness or injury prevents them from working, "said Eric Reisenwitz, senior vice president, Group Protection Market Solutions, Lincoln Financial Group. "Now is the perfect time – during Disability Insurance Awareness Month – for people to perform a disability insurance "reality check" by reviewing their current benefits and consider what changes, if any, they may want to make in order to protect their income in the event that a disabling event or disease keeps them out of work for an extended period of time,"

About Lincoln Financial Group Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. With headquarters in the Philadelphia region, the companies of Lincoln Financial Group had assets under management of $186 billion as of March 31, 2013. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life, disability and dental insurance; employer-sponsored retirement plans; savings plans; and comprehensive financial planning and advisory services. For more information, including a copy of our most recent SEC reports containing our balance sheets, please visit www.lincolnfinancial.com.

(Logo: http://photos.prnewswire.com/prnh/20050830/LFLOGO)

SOURCE Lincoln Financial Group

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,341.36 +272.49 1.60%
S&P 500 2,000.83 +28.09 1.42%
NASDAQ 4,617.6680 +69.8340 1.54%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs