Many of us realize the need to insure personal belongings like cars and homes, but often we neglect to insure what provides our lifestyle and financial well-being -- our income.  Individual income protection can help maintain financial stability if you become too sick or hurt to work. And through Principal’s Income Protection Association Program, ICA members may be eligible for coverage at a 10% premium discount, or more with combined additional discounts.

During the course of your career, you are four times more likely to be injured and need disability coverage than you are to die. (Health Insurance Association of America , 2000) In fact, approximately 30% of people age 35 to 65 will suffer a disability for at least 90 days and about one in seven can expect to become disabled for five years or more. (Health Insurance Association of America ; New York Times, February 2000) The impact can be devastating. Of the one million Americans who filed for bankruptcy protection in 1999, nearly half did so after being sidelined by an unexpected illness or injury. (New York Post, April 3, 2000, “There’s No Insuring You Won’t Go Bankrupt”)