When Does Long Term Disability Insurance End?
61667 POINTSview profileSteve SavantSyndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale ArizonaLong term disability insurance generally ends at age 65. Some specialty disability carriers extend coverage longer. You should maintain coverage until you retire or turn age 65. Long term disability insurance is an important part of defensive financial planning. Some call it paycheck protection. Disability insurance is the most neglected coverage in defensive planning by advisers.Answered on September 13, 2013flag this answer
2180 POINTSview profileKelly MoserSocial Media Strategist, Disability Insurance Services, CaliforniaAs Steve said, the best disability insurance policies end at age 65 or 67. However, depending on whether or not you have any pre-existing health conditions or what your job is, your policy may only have a 5 or 10 year benefit period. That means, if you were to become disabled at age 35 and only had a ten year benefit period, your payments wouldn't pay past age 45.Answered on September 13, 2013flag this answer
Did you find these answers helpful?
Yes
No
Go!
Add Your Answer To This Question
You must be logged in to add your answer.
.JPG){kind=avatar}
