Disability insurance is paycheck protection. The most significant valued asset in every household is human value, the ability to earn money. Protecting your paycheck is one of the highest priorities in defensive planning. Depending upon your gender, age, smoking status, health history and current medical condition, you may pay between 3 and 5% of your compensation with disability insurance.
Social Media Strategist, Disability Insurance Services, California
The cost is completely different for every person. Your premium will be determined by the type of policy you have, including the benefit amount, the elimination period, the different riders, the benefit period, etc. If you really have a set limit, it's possible your agent can use that number to determine the amount of coverage you could receive for a specified premium amount. But truly, depending on the person, your annual premium could range from $200 to $10,000.
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Disability insurance is paycheck protection. The most significant valued asset in every household is human value, the ability to earn money. Protecting your paycheck is one of the highest priorities in defensive planning. Depending upon your gender, age, smoking status, health history and current medical condition, you may pay between 3 and 5% of your compensation with disability insurance.