1. Edward HarrisPRO
    Owner, Best Online Insurance Rates, US
    Long term disability insurance should be purchased when you are concerned about becoming disabled and losing an income stream. This often occurs at the time you accept your first job and build a bit of stability in the workforce.

    Of course, you will have to be able to afford premiums which is where a full-time licensed financial planner or broker can help.

    By utilizing their advice, you can view affordable options that will fit within your budget.
    Answered on May 29, 2013
  2. David RacichPRO
    Fountain Hills, Arizona
    You should purchase long term disability insurance when you begin your working career to cover your compensation or, in the street vernacular, paycheck protection. The odds are that you will experience one disability event lasting 30 months over your working life are just too high to ignore. Most Americans have only 90 days of emergency funds. 

    Answered on May 29, 2013
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