Go back to June 13 of 1998, this is where my life changed in an instant. It was our third wedding anniversary, my husband, Mark Later, and I decided to go for a bicycle ride. It was a beautiful Saturday, no wind, no rain, no threat of storm, when all of a sudden Mark heard what he thought was a gunshot. But it wasn't a gunshot at all. What he had heard was the snap of a 7,000-pound tree, and in an instant, that tree fell right on top of me, crushing me, followed by live power lines. I was instantly paralyzed from the waist down.
Well, here's an interesting point. The value of disability income insurance. I had a policy in effect when I was injured. That policy came into play, only about a month later I started receiving checks from the insurance for disability. Those checks were immediately put into my checking account, and that's the money that I was using to support my husband and I paying all of our bills.
For those who have disability insurance, some of those policies had riders on them. And the writers included some of the modifications in the home as well as your long-term care insurance or your annuities. So explore what you might already have that you didn't know you had, and get your financial planner to read your policies and see what benefits will come into play.