Is There A Waiting Period For Disability Insurance?

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   Steve Savant

   Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona

   Most individual disability polices require the selection of an elimination period or waiting period before benefits begin. The longer the elimination period, the cheaper the premium will be. Most working Americans have about 90 days in their cash reserves, so a 90 day elimination period is a popular choice.

   Answered on August 8, 2013

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