How To Apply For Disability Insurance?

  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
    The first step is to investigate if short term disability is offered through your employer group plan. If not then you should go online to brokerage shops that offer several carriers, some on easy to understand spreadsheets to determine whether short or long term disability insurance is the way to go for you. It will simply come down to affordability. Keep in mind that you're annual compensation and health history will be the two bench marks for premium pricing.
    Answered on September 12, 2013
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  2. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    To apply for disability insurance, you correspond with an agency that will help you pick out the best plan for you. There is an application to be filled out, and then you take an exam, all similar to applying for life insurance. When approved, the first premium is due and that will put your disability insurance policy into effect.
    Answered on September 12, 2013
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