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You can qualify for disability insurance if you meet the underwriting criteria from the insurer you are applying with. If you have no major health issues, have verifiable income and means to pay premiums, it is likely you will be approved.
A full-time broker will provide the lowest rates and the best information needed to make an informed decision.
The first consideration is your health condition to qualify for disability insurance. The next step is to establish earned income. The third is determining the benefit limit for your compensation. Once you are pre-qualified in health, earnings and compensation cap, you should select which tax strategy you qualify for: you can insure up to 60% of your compensation tax free with nondeductible premiums or insure up to 80% of your compensation taxable with deductible premiums through a business benefit arrangement.
A full-time broker will provide the lowest rates and the best information needed to make an informed decision.