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	<title>New answer on: Is Disability Insurance Worth Having?</title>

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		<title>By: Larry Gilmore</title>

		<link>https://insurancelibrary.com/disability-insurance/is-disability-insurance-worth-having</link>

		<dc:creator>Larry Gilmore</dc:creator>

		<pubDate>Sun, 19 May 2013 18:44:59 +0000</pubDate>

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		<description><![CDATA[Is disability insurance worth having?  The answer depends on the individual. What we&#039;re talking about with disability insurance is paycheck protection. Disability insurance doesn&#039;t pay for a medical claim, at least not directly. Disability insurance simply creates a pot of money to use as you would with your paycheck. It is up to the individual to decide the worth of protecting their paycheck. Maybe if there&#039;s passive income or massive savings the need for disability insurance may not be that great. But, if you&#039;re not in that position financially, you should think long and hard about disability insurance.]]></description>

		

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		<title>By: Chris Abrams</title>

		<link>https://insurancelibrary.com/disability-insurance/is-disability-insurance-worth-having</link>

		<dc:creator>Chris Abrams</dc:creator>

		<pubDate>Sun, 19 May 2013 07:10:21 +0000</pubDate>

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		<description><![CDATA[Disability insurance is definitely worth having.  Just about everyone buys homeowners insurance, but the chances of losing your home to a fire is 1 in 1200.  The U.S. Social Security Administration reports that the odds of a 20-year-old worker becoming disabled prior to retirement is 3 out of 10.  

Disability insurance, also called paycheck insurance, protects your most important asset - your paycheck.  Everything your own or consume (home, car, food, education, etc) is paid for by your paycheck, so why not protect it?  The cost is generally 2-4% of your paycheck so it can be economical protection as well.]]></description>

		

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