1. 10968 POINTS
    Tim Wilhoit
    Owner, Your Friend 4 Life, Brentwood TN
    Like any other product or service "expensive or cheap" is subject. Is disability insurance worth it? Absolutely, if you were injured or ill and unable to earn an income, it will be the best investment of your life. As far as cost, it depends on some many different factors it is impossible to quote without knowing more about a person's situation. The average person can expect to pay 1% to 3% of their annual income in disability premiums in order to protect their earnings from an unthinkable disability situation.
    Answered on October 13, 2014
  2. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Disability Insurance is not as cheap as accidental death insurance, but can be no more expensive than some types of life insurance. The huge plus to disability insurance is that death does not have to occur before it pays out. Something as non life threatening as legal blindness could enable you to get a paycheck until you are age 65. That is a terrific bargain relative to the cost.
    Answered on October 13, 2014
  3. 11783 POINTS
    Larry GilmorePRO
    Agent Owner, Gilmore Insurance Services, Marysville, Washington State
    Is disability insurance expensive or cheap? Well yes and yes. You can build a disability policy to meet your needs or to fit your price. It can be as expensive as you are willing to pay and as cheap as you are willing to pay. What can be really expensive either way is not reading and understanding your policy's definition of disability.
    Answered on February 15, 2016
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