The Dangers of Being Uninsured

Many people in New York risk it without insurance, but are unaware of the real cost of being uninsured.

Life insurance, disability insurance, and long-term care insurance tend to get overlooked by people who cross their fingers and hope that they won't have to worry about it. These three policies are becoming more essential for each individual in order to protect themselves from high medical costs, the expense of care, and assist their families once their gone.

So before you decide that you don't need the coverage, review the real cost of being uninsured.

Life insurance covers funeral expenses, any remaining debt that you may have, and covers loss of income for your family. It is essentially for your loved ones as it relieves them of a major financial worry after you die. If your children strive to attend college and your spouse's income cannot reach this, life insurance can fund a college education. With life insurance becoming more reasonable to everyone, it is definitely an option to consider.

Disability insurance can aid you if you are diagnosed with cancer, sustain major injuries in a car accident, or suffer from any illnesses or accidents. If you were to become unable to work, could you afford the living expenses and additional cost of medical care without your source of income? It's estimated that half of working American's could not last one month before suffering financial strain.

Long-Term care insurance is not just for the elderly. Anyone, at any age can suffer from an accident or debilitating injury that requires long-term care. With the cost of care so high, this insurance can aid you in paying these bills.

Be sure that you know the cost of having insurance, and being without. To find quality life, disability, and long-term care insurance, be sure to contact Scavone Insurance Agency Center LLC, located in White Plains!