1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    For a group Disability policy, the maximum of your salary that you will receive is about 60%. For private Disability insurance, the maximum of your salary that can be replaced is about 80%. These numbers will vary greatly depending on the policy, and if there are two policies. the total of the coverage cannot be over the maximum amount.
    Answered on June 30, 2013
  2. 2180 POINTS
    Kelly Moser
    Social Media Strategist, Disability Insurance Services, California
    Along with what Peggy said, it's important to note that you can always receive more benefit when you start making more money.  Some people think, "Oh, I don't want to buy it now because I'll be making more money in a few years."  Don't make that mistake!  You can either add a future increase rider to your policy (to avoid medical underwriting), or you can just apply for a second policy when the time comes.
    Answered on September 25, 2013
  3. 21750 POINTS
    Jim Winkler
    CEO/Owner, Winkler Financial Group, Houston, Texas
    That is a great question! The answer will depend entirely on your policy, and the selections that you chose, when purchasing it. When you purchased the policy, the agent should have walked you through the exclusion period choices, the length of time the payments would be made, and the amount that would be paid to you. Depending upon your choices, that could be a very large percentage of your check, or a much smaller amount. If you are thinking about buying a policy, those are the things that you will need to consider when purchasing it. I hope that helped, thanks for asking!
    Answered on September 13, 2014
  4. 410 POINTS
    Drew Ward
    Owner, LifeInsuranceForBusinesses.com, Atlanta, Georgia
    This does depend on the type of policy you have but in general, it is difficult to get more than 70%-80% of your annual income covered by a disability policy.

    Also keep in mind that if you have a group policy through your employer that is paid by your employer, the amount of benefit you receive will be taxed as ordinary income. That means that depending on your tax bracket, that would reduce the amount of benefit.

    Feel free to contact me with any questions!
    Answered on September 18, 2014
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