State of New Jersey

Notary Public Commission: 

Notary Public (Active)


State of New Jersey Department of Banking and Insurance Licensed Producer: Title, Life, Health 


Annuity Terms

Annuity - An annuity is a contract with an insurance company. The insurance company promises to pay you income on a regular basis for a period of time you choose—including the rest of your life.


Fixed Index Annuity -  A type of fixed annuity that earns interest based on changes

in a market index, which measures how the market performs. The interest rate

is guaranteed to never be less than zero, even if the market goes down.



Title Insurance Terms

Title - The evidence of right which a person has to the ownership and possession of land. Commonly considered as a history of rights. 


Owner's Title Policy -  A policy of title insurance, which insures a named owner against loss by reason of defects, liens and encumbrances not excepted to in the policy or unmarketability of the title. The company also agrees to defend covered claims made against the title.





*The opinions expressed on this website are strictly those of Malleo Financial Services, LLC and not those of any of our affiliates.


*Malleo Financial Services LLC cannot and

will not give any tax or legal advice.



Why You Need Disability Income Insurance

Disability Income (DI) insurance is an insurance policy that provides you with a monthly income if you become sick or hurt and cannot work. Individual DI policies pay out a monthly tax-free benefit; they are also a good complement to an employer DI policy which pays out a taxable benefit.


You may be asking yourself, "Do I really need a disability policy? I mean come on I'm young, healthy, I exercise, I even look both ways before crossing the street!"  Well, don't take my word for it just look at the statistics.


One in three Americans between the ages 35 and 65 will become disabled for more than 90 days.



Historically, disability causes nearly 50% of all mortgage foreclosures, compared to 2% caused by death. 

Health Affairs, The Policy of The Health Sphere, Feb. 2, 2005



Almost 95% of disabling accidents and illnesses occur off the job and do not qualify for worker’s compensation.

Council for Disability Awareness, Long-term Disability Claims Review, 2011


Just over one in four of today’s 20-year-olds will become disabled before they retire.

Social Security Administration Fact Sheet - March 18, 2001


Almost one-third of Americans entering the workforce today (3 in 10) will become disabled before they retire.

Social Security Administration, Fact Sheet Jan 2009



Here are a few Myths and Truths regarding the need for disability insurance. 


Myth: I have enough disability income insurance coverage through my employer.

Truth: Group disability coverage only covers 60% of your gross income, and benefits are taxable. Can you afford a more than 40% pay cut?


Myth: I can always buy coverage later.

Truth: People usually don’t get healthier as they grow older, and coverage will cost more.


Myth: I can rely on my savings.

Truth: Even if you consistently save 10% of your salary, just one year of disability could easily wipe out many years of savings.


Myth: My family and friends will help me.

Truth: Are your loved ones in a financial position to support you? Do you want them to?




For a free consultation, please contact us for an appointment.




  *This blog is strictly the opinion of Michael A. Malleo and not those of

ASH Brokerage Corp., nor any of our affiliates.


Malleo Financial Services LLC cannot and will not give any specific tax or legal advice.

Please consult your tax professional or legal professional for such advice.