This post is brought to you by LifePreserve.

As a personal finance blogger, I have posted on the importance of health insurance and reasons you need life insurance.  I’ve written on car insurance and homeowner’s coverage.  I have even talked about the advantages of pet insurance.  But this is the first time I have posted on protecting how you pay for everything you have and do – your income!

What can stop you from earning an income? 

You could lose your job. 

This can be frightening, especially if it happens when you are not planning on it.  How will you pay your rent or mortgage?  What about money for food and other essentials? Will you be able to keep your health insurance?  What about your debt obligations like credit card or student loan payments?  Savings only go so far and once you have depleted them, what next? [Read more…]