May is Disability Insurance Awareness Month (DIAM) sponsored by the LIFE Foundation (Life Insurance Foundation for Education).

This month they will be hosting a challenge titled “Where did my paycheck go?!”

Your paycheck (or pay stub) arrives and you give it a good look and tuck it away, safe in the knowledge that this month your mortgage (or rent) will be paid and you will have enough for groceries, the cable bill, a night on the town …

You depend on your paycheck to pay for all these things-and more. So if suddenly you were unable to work due to an illness or injury, it’s important to know that you would have a source of replacement income to tide you over until you were able to return to work. That’s where disability insurance comes in. Think of it as insurance for your paycheck.
How to Enter

Throughout the month of May, the “Where Did My Paycheck Go” Challenge will be live on the LIFE Foundation page. At that time, you’ll be asked to take a few minutes to think about where all your hard-earned money goes, and how disability insurance can “protect your paycheck” in the event of a disabling illness or injury. At the end of the challenge, one entrant will be chosen at random to win a “bonus paycheck” in the form of a $1,000 American Express gift certificate.

Read the rules for eligibility here.

To go to the challenge, visit the LIFE Foundation website at http://www.lifehappens.org/paycheckchallenge.