Why should you purchase disability insurance?

“If they go beyond that 24-month point, you see the extension of the disability to several years,” he said. To help people make their own calculation, the Council for Disability Awareness, a trade group backed by the insurance industry, created a calculator called What’s My Personal Disability Quotient. read more

But obviously, you should always check for this language because it is crucial to any good disability insurance. • Elimination Periods and Waiting Periods. The amount of time you have to wait for your first disability check and the maximum length of benefits is important to know. read more

Clark has advised people to buy their own disability insurance policy if they make north of $200,000 a year. If you make less than $200,000 like most average Earthlings, then you want to take the group disability policy through your employer. read more