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	<title>New answer on: How Does Disability Insurance Work?</title>

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		<title>By: David Racich</title>

		<link>https://insurancelibrary.com/disability-insurance/how-does-disability-insurance-work</link>

		<dc:creator>David Racich</dc:creator>

		<pubDate>Sun, 23 Jun 2013 21:04:21 +0000</pubDate>

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		<description><![CDATA[Disability Insurance is a morbidity product that protects your ability to earn your current compensation, i.e. paycheck protection. Your number one asset is your ability to earn money to pay for the lifestyle you want. Disability insurance is paycheck protection and can generate a good portion of your income if you can’t work. Most executive packages include full disability insurance coverage until age 65. The odds are you’ll need it once during your working life. It can protect up to 60% of your compensation as a tax free benefit or up to 80% as a taxable benefit when the premium is deducted as a business expense.
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