Injuries can set people back in more ways than one. Besides the strain that injuries cause on the body, they at times can set you back financially as well. Depending on the injury, you may not be able to even work and earn an income. These types of injuries can lead to serious lifestyle changes. Having group insurance in these types of situations can be great, but it isn't always perfect. There can at times be “gaps” that leave you with a serious cash deficit.
Perhaps your situation is different. Maybe you do have an injury, but one that is not life-threatening or very life-altering. That being said, perhaps your injury still does cause problems and leaves you partially disabled. For these types of injuries, personal disability insurance with a comprehensive income replacement plan may be necessary for you.
Thankfully, if you are part of the Hawaii State Bar Association, you have access to Disability Income Insurance at a discounted rate from MassMutual. MassMutual is an approved HSBA Member-Only Benefits Provider. Summit Financial Advisors offers a wide range of insurance and wealth management solutions for the different needs that may arise in your particular situation.
Summit Financial Advisors offers MassMutual Disability Income Association Discount. One of the features is a 10% premium discount on gender distinct rates. In addition to all of these great benefits, MassMutual offers a variety of optional riders to help you customize coverage to meet your unique needs. These unique features can help you plan for your financial stability should hard times come, both physically and financially.
If you are a member of the Hawaii State Bar Association, you have access to some great income replacement solutions from MassMutual and Summit Financial Advisors. If you would like to learn more about what is offered for you as a lawyer, we would like to offer a complimentary lunch-and- learn at your office for you to learn more about options that will meet your specific needs and answer any question you or your office might have.
Glennel W. Jordan, MBA, CFP®
Kelley M. Tom (Baba), MBA, CFP®