Is Disability Insurance Necessary?

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   Peggy Mace

   Most of the U.S.

   Disability Insurance replaces up to 80% of your income at a time when you cannot work. For most people, receiving their income is a necessary factor to live a normal life without tremendous upheaval. Granted, becoming disabled itself can carry emotional, social and physical trauma. But to take away income complicates things at a time when further disruption is not needed. Social Security Disability Insurance does exist, but it takes longer to get, does not replaces as much income as an individual policy, and requires that you cannot work at any job.

   Answered on August 6, 2013

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