1. 61667 POINTS
    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    Disability insurance is a morbidity product that is priced on the average events that cause workers to be unable to perform their duties. But the averages can't account for personal medical items, so disability premiums are price on gender, age, smoking status, health history and current medical conditions. The design of the policy also has an impact via the elimination period, the length of coverage, the amount of coverage and ancillary riders like inflation  or COLI riders.
    Answered on July 31, 2013
  2. 63333 POINTS
    Peggy MacePRO
    Most of the U.S.
    Disability Insurance is calculated by the salary you make while in your current employment. You take out enough coverage to replace a percent of your income if you were to become disabled. If you are able to get a future increase option, your policy will increase as your income increases over the years.
    Answered on July 31, 2013
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