How Much For Long Term Disability Insurance?
2180 POINTSview profileKelly MoserSocial Media Strategist, Disability Insurance Services, CaliforniaThe cost of long term disability insurance is different for everyone. it's entirely dependent on the company you choose, your occupation, your age, sex, monthly benefit, elimination period etc. When you speak with your agent (find one in your area or online), have them provide you with multiple quotes from a few different carriers to see your options. If it's too pricey, tell them what you'd be willing to pay and they can try to adjust your benefit accordingly.Answered on October 7, 2013flag this answer
10968 POINTSview profileTim WilhoitOwner, Your Friend 4 Life, Brentwood TNUnfortunately, there is not an easy answer to the cost of long term disability insurance. There are several factors that must be considered to give an accurate quote. First is your personal information such as age, build, life style, health status and state of residence. Next is your financial information such as income earned and net worth. Last is your occupational information such as your job, job duties, length of employment and education. There are a lot of moving parts when it comes to disability insurance. I recommend using an experienced independent broker you trust to help shop the market and navigate the maze.Answered on July 29, 2014flag this answer.JPG)
63333 POINTSview profilePeggy MaceMost of the U.S.The price of Long Term Disability Insurance depends on your age, your health, your occupation, your salary, and the features of your policy. The rule of thumb is that Long Term Disability Insurance will cost between 1% to 3% of your salary. But it could be higher if your health or occupation put you at high risk, or if you have many premium features on your policy.Answered on September 8, 2014flag this answer
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