1. 4470 POINTS
    Brandon RobertsPRO
    Owner, The Insurance Pro Blog,
    The cost of disability insurance on a carrier depends on a lot of variables.  These variables include:

    Number of employees, type of occupation of the employees, length of benefit period, definition of disability coverage, and percentage of income covered under the plan.

    Not surprisingly, the better the benefits, the more physical the average worker's job is, and the higher the number of employees, the greater the expense of the insurance.
    Answered on August 23, 2013
  2. 2775 POINTS
    Joe 'Gravy' GravesPRO
    Owner, I Hate Buying Insurance, Nashville TN
    No easy way to answer this question. Disability plans have SO MANY variables. Factors like these, & MORE Critical Illness: Receive a single payment of $5,000, $10,000, $50,000, or as much as $500,000 upon DIAGNOSIS of a specified disease or condition. Fantastic protection for everyone... Yet in this post, Low/No income wage earners should definitely consider this.
    > Hybrid / Living Benefits Life insurance: There are various life products that have either rides or acceleration of benefits for Disability &/or Critical Illness. As an example, I have a client that is young, modest income, & decided that a single plan with life, disability, & critical illness benefits. She's hedged her bets with a single policy that covers multiple areas.

    When to buy & what is the best plan??? Your specific situation will determine that. When you speak to an agent, I hope ALL your options are discussed.
    Answered on June 19, 2016
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