What Does Individual Disability Insurance Cover?

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    David RacichPRO
    Fountain Hills, Arizona
    Disability insurance is basically paycheck protection. More than half your annual compensation and retirement contributions can be insured and benefits are tax benefits are tax free. If you can validate a business deduction for disability insurance premiums, then you can insure up to 80%, but the benefits will be taxable.
     
    Answered on June 18, 2013
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    Larry GilmorePRO
    Agent Owner, Gilmore Insurance Services, Marysville, Washington State
    what does disability insurance cover?    Disability insurance covers your ability to earn a paycheck if you are injured or ill. Commonly referred to as paycheck protection, disability insurance simply creates another check for an individual to help cover bills, gas, groceries and dignity.
    Answered on June 19, 2013
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