How Much Does Disability Insurance Cost Per Month?

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    David RacichPRO
    Fountain Hills, Arizona
    Depending upon the factors of your gender, age, health condition and the amount of compensation you want to cover will determine your monthly disability premium. If your purchase it as an individual the premium may be 5%-8% of the compensation you’re attempting to cover. That benefit will generally pay around 60% of your targeted compensation tax free, if deducted around 80% your targeted compensation, but it’s taxable.
     
    Answered on May 29, 2013
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