Modern living has shifted our focus from daily physical activities to more sedentary tasks, but our bodies still crave movement. Not only does physical fitness help us lead happier and healthier lives, but it can also have significant implications on our financial planning. One such implication revolves around long-term disability insurance, a product many of us consider as a safety net for the unexpected turns life might take.
In this post, we’ll dive deep into why maintaining a good physical fitness routine can be a boon for those considering or already enrolled in long-term disability insurance policies. Let’s jump right in!
1. Reduced Premiums And Better Coverage Options
Insurance providers, like many businesses, operate based on risk assessments. When it comes to disability insurance, they assess the risk of an individual becoming disabled and unable to work. Enter physical fitness.
Those who maintain a healthy lifestyle, exemplified by regular exercise and a balanced diet, often pose a lower risk for insurance companies. This results in more favorable terms when seeking coverage.
For instance, when opting for coverage plans from providers like Unum long term disability, a demonstrated commitment to fitness might just land you a deal with reduced premiums or a broader coverage option. In the eyes of insurance companies, a physically fit individual is less likely to file a claim.
2. Lower Risk Of Chronic Illnesses
One of the most prevalent reasons for long-term disabilities is the onset of chronic illnesses, such as heart disease, diabetes, or certain respiratory conditions. A strong fitness regimen, paired with a balanced diet, can reduce the risk of many of these diseases.
This can lead to not only a more extended, more active life but also less need to rely on disability insurance benefits in the long run.
3. Faster Recovery Times
Accidents happen, and sometimes they can lead to temporary disabilities. However, individuals who are physically fit often experience faster recovery times. Their bodies are conditioned to heal and recover, thanks to better circulation, muscle tone, and overall health.
When disability insurers see this, they might consider offering better terms, knowing that any claim filed would potentially be for a shorter duration.
4. Mental Health Benefits
Physical fitness isn’t just about our bodies. Regular exercise has been linked to improved mental health, reducing the risk of conditions like depression or anxiety. Given that mental health issues can sometimes lead to long-term disability claims, staying physically active can further make you a more appealing candidate for comprehensive disability coverage.
5. Flexibility And Customization
As you maintain your health and reduce potential risk factors, you might find yourself in a position to customize your disability insurance policy better. This means opting for riders or benefits that cater specifically to your needs and lifestyle, without feeling compelled to get a one-size-fits-all coverage due to health concerns.
6. Demonstrating Responsibility
On a more intangible note, maintaining physical fitness can be viewed as a sign of responsibility and commitment to one’s well-being. Insurance companies appreciate clients who demonstrate such responsibility, as it often translates to fewer complications and claims.
By keeping fit, you’re not just doing your body a favor, but you’re also showing potential insurers that you’re proactive about your health.
While disability insurance is designed to protect us when the unexpected happens, it’s essential to remember that our actions and choices play a massive role in determining the coverage we can access and the premiums we pay. Physical fitness, often seen as a path to a healthier life, can also be a route to more favorable insurance terms. In a world filled with uncertainties, it pays to be fit—both for our health and our wallets.