When Life Changes
Life changes are inevitable for everyone. Whether you are starting a family, nearing retirement, or have an unexpected illness, here you will find valuable tips and suggestions.
Starting a Family
Make Sure Your Insurance Coverage is Up-to-date.
As you prepare to start your family, it’s important to make sure you have enough Life Insurance and Disability Insurance to take care of your loved ones. As a CTA member, you are eligible to apply for CTA-endorsed Disability and Life Insurance without providing proof of good health if you apply within 60 days following the date of a family status change, such as birth/adoption, marriage/domestic partnership, divorce/dissolution, loss of spousal employment, or other qualifying event.
You probably don’t ever plan on becoming disabled. Nobody does. But the fact is, just over one in four of today’s 20-year-olds will become disabled for at least 90 days or longer before they retire*. And, most of those disabilities are the result of an illness, not an accident*. How would you pay your bills if you got sick and couldn’t work for three months – or longer?
CTA-endorsed Disability Insurance pays a benefit when you cannot work because of a covered illness, injury or pregnancy. You’re covered 24 hours a day, on and off the job. Disability benefits can help with the everyday bills, such as the mortgage or rent, that continue even when you can’t work — expenses that health insurance won't cover.
*Council for Disability Awareness, https://www.disabilitycanhappen.org/disability-statistic.