Who Should Buy Disability Insurance And Why?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Anyone who has someone relying on them for financial support should have Disability Insurance. Becoming disabled for a period of time is not uncommon, and it can happen at any age. Very few families can get by on one income, and even single persons can lose their life's savings through an extended disability. Becoming disabled generally does not just take away income for a period of months or years, it comes with medical bills and other extra expenses connected to the cause of disability. That is why anyone who makes and relies on making an income should buy Disability Insurance, in my opinion.
    Answered on May 29, 2013
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  2. 2180 POINTS
    Kelly Moser
    Social Media Strategist, Disability Insurance Services, California
    Any person is dependent on an income should look into disability insurance.  While you might have substantial savings, the average long term disability claim is 31.2 months--you don't want to drain your savings just because you're sick or injured.  Often times, businesses need to purchase DI on a specific employee so that their business can still function if that pivotal team member is unable to work.  DI is peace of mind!
    Answered on September 25, 2013
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