As you can see from the article, this construction worker was awarded $1 million for the accident that happened. That sum is to cover his loss of future earnings.
You may not know, but the average salary of a construction worker is about $1,000 to $1,500 monthly.
If he was awarded $1 million, how much do you think your disability coverage should be?
Do not under-estimate your future economic worth. If you are earning $50,000 a year now, you would have accumulate $1 million in 20 years. That is not including bonuses and pay rise over the years. Can you imagine if suddenly you are disabled? how much do you lose in your future earnings?
You are worth more thank you think.
Cheers! Have a great day.
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