When Should I Buy Disability Insurance?

1. 

   63333 POINTS

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   Peggy Mace

   Most of the U.S.

   You should buy Disability Insurance when you realize that you or your family could not get by without your steady income. Like Life and Health insurance, Disability insurance is partially based on the health of the insured person, so it is also best to buy it before you have a health condition that would increase your chances of becoming disabled (e.g. MS or diabetes).

   Answered on May 20, 2013

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2. 

   2180 POINTS

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   Kelly Moser

   Social Media Strategist, Disability Insurance Services, California

   As soon as you rely on an income (which for most people, that's always), you should look into getting disability insurance.  It's important to realize that workers in their 20s aren't necessarily too young for DI because they're typically in better health.  If you wait until you're older, there's a greater chance that you'll have a pre-existing condition.

   Answered on November 26, 2013

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