Disability Insurance

If you rely on your paycheck to pay your bills, you should have this coverage!

​

There are two main types of disability insurance — short-term and long-term, covering a portion of your paycheck. Some long-term policies cover additional services, such as training to return to the workforce.

​

The annual price for a long-term disability insurance policy ranges from 1% to 3% of your annual income.* 

A variety of factors affect the cost:

• Your age and health

• Your gender

• Whether you smoke

• Your occupation

• The types of disabilities covered by the policy

• Length of waiting period

• Your income 

• Length of benefits

• Extra features

​

*Council for Disability Awareness.