1. 10968 POINTS
    Tim Wilhoit
    Owner, Your Friend 4 Life, Brentwood TN
    There are just too many factors to answer that question. First you must determine the type of disability plan you need either short term or long term. Then you must select a benefit amount, benefit period and elimination period.

    Once you have that information, the insurance company underwriter will need the following information, your age, build, health status, life style, occupation, job duties, income, length of employment, and net worth.

    I recommend using an experienced disability broker to walk you through this maze of information to be sure you purchase the right plan and the best price for your unique situation.
    Answered on September 1, 2014
  2. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    the cost of disability insurance varies a lot from person to person and policy to policy.

    Your age, the type of work you do, the amount of money you make, your health, and your gender are all factors in the cost of your disability policy.

    The policy itself offers features that vary in cost, such as: 1) elimination period (how long you choose to be disabled before collecting a benefit, with the shorter the elimination period, the higher the policy premium), 2) riders (extra benefits to the basic policy, such as the ability to receive a benefit if only partially disabled), and 3) duration (how long you want the policy to pay, with the shorter the duration, the lower the premium).

    With careful planning with a knowledgeable disability insurance agent, you can select a plan that covers the essentials and protect your family in case you are unable to work for an extended period of time.
    Answered on September 6, 2016
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