Disability insurance more crucial than you may think

Disability insurance is one of the most overlooked insurance products. Nobody wants to think about how different life would be if you were suddenly disabled and unable to work due to injury or illness.
But how about this fact: At the age of 25 to 65 years, you are four times more likely to be disabled than to die.
Unlike life insurance, disability insurance, is not there just to protect your loved ones when you are gone. Disability insurance is designed to give you a monthly income to continue paying mortgage, rent or car payments - even if you can not work.
Yes, Social Security has a disability program (SSDI). But it is very difficult to access this coverage, and perhaps even need a lawyer to help you press your claim. This process can take years.
It is therefore necessary to consider buying their own coverage - even if you have any coverage at work. The employer pay policies are not portable if you leave your job and benefits are likely to be taxed if you need to use the policy. But if you buy disability insurance on your own after tax dollars, any benefits will come to you tax free.
Generally speaking, disability insurance is a good idea even in your teens, especially if you do not have anyone else to be essential for everyday living expenses if you become disabled. Lone parents may also have a special need for this insurance.
As you reach the end of the fifties, and they are getting closer to the social security retirement income, you may want to switch their premium dollars on long-term care insurance, which is becoming more and more costly risk.
Disability coverage and costs
How much coverage do you need? Of course you want to replace all your income if you are able to work. But no insurance company is going to write a policy that gives you the motivation! Instead, you may be entitled to replace only about 60 percent of their current income, which must be documented at the time of purchase.
The higher the income, the insurance company will replace a smaller percentage. This means that if you earn $ 50,000 a year, you can replace 60 percent of their income, but if you are highly paid professional earning $ 300,000 a year, you'll probably max with the benefits of $ 10,000 per month.
The level of coverage and cost will also depend on your profession. Almost paradoxically, higher income professions such as lawyers and doctors will pay less per dollar coverage - and get so lengthy coverage - than a carpenter or electrician, who can be as little as five years of disability payments. Insurance profession divided into classes - and the coverage and cost will depend on the type of work.
An important question with a disability insurance is the definition of disability. It is more expensive to buy a policy that pays if you are able to make a surgeon can, for example, who lost use of one hand still do other work as a medical professional "own occupation." - But it certainly means that she can not perform as a surgeon. The policy will pay, because it is able to make their own profession. Make sure that the coverage provides a payment, even if you are totally and permanently disable any gainful activity.
The annual cost would be about 2 to 3 percent of their current income to protect their future income. According to AccuQuote the 30-year-old man who makes $ 40,000 a year pay about $ 733 a year for insurance that will replace 69 percent of their salary.
40-year-old woman who earns $ 50,000 would replace 68 percent of his salary for an annual premium of approximately $ 2,000 per year. In any case, these benefits are still the age of 67 years, at which time you can access to social security retirement. And if you're willing to pay a little more, you get more inflation protection.
Be careful to deal with a top-rated insurance companies (Guardian, Unum, for example) to make sure that you have to win without difficulty, if and when the time comes to start your policy. Because there are so many variables in this type of insurance you have to deal with an expert. For quotes on disability insurance to go to www.AccuQuote.com or call (800) 442-9899.
It is worth checking out this never know how valuable that income is "the payment of insurance." - If you lose it for health reasons. It is true Savage.
Terry Savage is the Chicago Sun-Times financial columnist nationally syndicated and registered investment advisor. Post personal finance questions on your blog and TerrySavage.com blogs.suntimes.com / wild.


 http://mediamention.info/webdir/detail.php?id=861
http://www.outdir.com/detail.php?id=28600
http://www.mmli.org/detail/link-45563.html
http://3webdirectory.info/detail.php?id=68264
http://www.dctry.info/detail/link-66444.html
http://www.europelink.info/detail.php?id=97232
http://gtawebdirectory.com/detail/bingo-machines-109207.htm
http://www.europelink.info/detail.php?id=97227
http://ripdir.com/detail.php?id=38023
http://www.outdir.com/detail.php?id=28602
http://www.fastdirectoryonline.info/detail.php?id=10467
http://ripdir.com/detail.php?id=38032
http://ripdir.com/detail.php?id=38020
http://gtawebdirectory.com/detail/accesorios-ipad-2-109217.htm
http://www.dctry.info/detail/link-66443.html
http://webindex.gootum.com/detail/link-51165.html
http://www.europelink.info/detail.php?id=97238
http://opendirectorys.com/detail/link-160563.html
http://www.fastdirectoryonline.info/detail.php?id=10477
http://www.fastdirectoryonline.info/detail.php?id=10469
http://webindex.gootum.com/detail/link-51176.html
http://mbq.us/detail.php?id=83588
http://mbq.us/detail.php?id=83591
http://mediamention.info/webdir/detail.php?id=852
http://4dietplan.com/topdirectoryseo/detail/link-15126.html
http://anadirectory.info/detail.php?id=97590
http://www.europelink.info/detail.php?id=97244
http://www.europelink.info/detail.php?id=97233
http://4dietplan.com/topdirectoryseo/detail/link-15121.html
http://www.gpwindow.com/detail/link-22108.htm
http://mediamention.info/webdir/detail.php?id=867
http://webindex.gootum.com/detail/link-51181.html
http://www.europelink.info/detail.php?id=97226
http://mbq.us/detail.php?id=83604
http://www.outdir.com/detail.php?id=28598
http://www.fastdirectoryonline.info/detail.php?id=10463
http://info-listings.com/detail/link-394389.html
http://www.gpwindow.com/detail/link-22112.htm
http://www.easywebpromotion.com/detail.php?id=112646
http://www.laplayasanjuan.com/directory/detail.php?id=3940
http://sitereviewer.net/detail/link-24915.html
http://www.easywebpromotion.com/detail.php?id=112666
http://www.submit-url.org/Shopping/Travel/how-to-get-more-twitter-followers-363326.html
http://www.submit-url.org/Shopping/Travel/king-bedroom-sets-363323.html
http://mediamention.info/webdir/detail.php?id=854
http://ripdir.com/detail.php?id=38029
http://sitereviewer.net/detail/link-24921.html
http://ripdir.com/detail.php?id=38031
http://webindex.gootum.com/detail/link-51164.html
http://sitereviewer.net/detail/link-24923.html
http://www.dctry.info/detail/link-66437.html
http://www.easywebpromotion.com/detail.php?id=112656
http://www.dctry.info/detail/link-66446.html
http://mbq.us/detail.php?id=83597
http://4dietplan.com/topdirectoryseo/detail/link-15130.html
http://www.fastdirectoryonline.info/detail.php?id=10465
http://mediamention.info/webdir/detail.php?id=859
http://webindex.gootum.com/detail/link-51171.html
http://ripdir.com/detail.php?id=38035
http://ripdir.com/detail.php?id=38025
http://www.laplayasanjuan.com/directory/detail.php?id=3939
http://mediamention.info/webdir/detail.php?id=862
http://webindex.gootum.com/detail/link-51162.html
http://ripdir.com/detail.php?id=38033
http://www.laplayasanjuan.com/directory/detail.php?id=3945
http://www.laplayasanjuan.com/directory/detail.php?id=3937
http://www.dctry.info/detail/link-66436.html
http://mediamention.info/webdir/detail.php?id=866
http://sitereviewer.net/detail/link-24920.html
http://mbq.us/detail.php?id=83601
http://www.laplayasanjuan.com/directory/detail.php?id=3941
http://www.mmli.org/detail/link-45566.html
http://ausv.org/detail.php?id=49628
http://mediamention.info/webdir/detail.php?id=857
http://www.dctry.info/detail/link-66429.html
http://www.outdir.com/detail.php?id=28601
http://www.europelink.info/detail.php?id=97234
http://www.dctry.info/detail/link-66432.html
http://www.submit-url.org/Shopping/Travel/emergency-preparedness-363321.html
http://www.gpwindow.com/detail/link-22106.htm
http://alinkcatalog.info/detail.php?id=80255
http://4dietplan.com/topdirectoryseo/detail/link-15134.html
http://www.europelink.info/detail.php?id=97235
http://4dietplan.com/topdirectoryseo/detail/link-15131.html
http://www.outdir.com/detail.php?id=28594
http://mbq.us/detail.php?id=83600
http://www.dctry.info/detail/link-66442.html
http://www.laplayasanjuan.com/directory/detail.php?id=3938
http://www.europelink.info/detail.php?id=97229
http://www.gpwindow.com/detail/link-22113.htm
http://www.outdir.com/detail.php?id=28597
http://www.europelink.info/detail.php?id=97228
http://www.outdir.com/detail.php?id=28603
http://www.fastdirectoryonline.info/detail.php?id=10468
http://3webdirectory.info/detail.php?id=68263
http://mediamention.info/webdir/detail.php?id=864
http://www.dctry.info/detail/link-66430.html
http://4dietplan.com/topdirectoryseo/detail/link-15120.html
http://www.fastdirectoryonline.info/detail.php?id=10474
http://4dietplan.com/topdirectoryseo/detail/link-15135.html
http://www.gpwindow.com/detail/link-22114.htm
http://www.laplayasanjuan.com/directory/detail.php?id=3944
http://add-page.com/results/res_1.php
http://www.dctry.info/detail/link-66431.html
http://www.outdir.com/detail.php?id=28593
http://www.laplayasanjuan.com/directory/detail.php?id=3943
http://ripdir.com/detail.php?id=38030
http://www.dctry.info/detail/link-66440.html
http://www.submit-url.org/Shopping/Travel/plastic-surgery-Beverly-hills-363324.html
http://anadirectory.info/detail.php?id=97794
http://www.easywebpromotion.com/detail.php?id=112662
http://www.gpwindow.com/detail/link-22104.htm
http://4dietplan.com/topdirectoryseo/detail/link-15125.html
http://seodeeplinks.net/detail/link-176478.html
http://4dietplan.com/topdirectoryseo/detail/link-15128.html
http://www.fastdirectoryonline.info/detail.php?id=10476
http://www.easywebpromotion.com/detail.php?id=112665
http://www.laplayasanjuan.com/directory/detail.php?id=3947
http://4dietplan.com/topdirectoryseo/detail/link-15124.html
http://dirhello.com/detail/link-68887.html
http://ripdir.com/detail.php?id=38034
http://webindex.gootum.com/detail/link-51177.html
http://www.europelink.info/detail.php?id=97224
http://take-fun.com/detail.php?linkid=46198
http://www.easywebpromotion.com/detail.php?id=112654
http://sitereviewer.net/detail/link-24917.html
http://webindex.gootum.com/detail/link-51173.html
http://webindex.gootum.com/detail/link-51166.html
http://4dietplan.com/topdirectoryseo/detail/link-15119.html
http://www.outdir.com/detail.php?id=28596
http://ripdir.com/detail.php?id=38024
http://mediamention.info/webdir/detail.php?id=853
http://www.mmli.org/detail/link-45570.html
http://ripdir.com/detail.php?id=38028
http://sitereviewer.net/detail/link-24912.html
http://www.submit-url.org/Shopping/Travel/divorce-lawyer-white-plains-ny-363314.html
http://mediamention.info/webdir/detail.php?id=855
http://4dietplan.com/topdirectoryseo/detail/link-15123.html
http://info-listings.com/detail/link-394386.html
http://seorange.com/detail/link-211627.html
http://www.mmli.org/detail/link-45564.html
http://sitereviewer.net/detail/link-24928.html
http://www.submit-url.org/Shopping/Travel/replacement-windows-new-jersey-363327.html
http://sitereviewer.net/detail/link-24919.html
http://www.dctry.info/detail/link-66445.html
http://www.fastdirectoryonline.info/detail.php?id=10479
http://bt-t.com/Workforce-Planning-137976.html
http://www.mmli.org/detail/link-45569.html
http://sitereviewer.net/detail/link-24916.html
http://catchsite.com/detail/link-33716.htm
http://www.europelink.info/detail.php?id=97245
http://www.fastdirectoryonline.info/detail.php?id=10473
http://mbq.us/detail.php?id=83595
http://www.outdir.com/detail.php?id=28595
http://ripdir.com/detail.php?id=38026
http://mbq.us/detail.php?id=83599
http://www.easywebpromotion.com/detail.php?id=112648
http://smartlinks.fast-customers.com/detail.php?id=36299
http://mbq.us/detail.php?id=83603
http://webindex.gootum.com/detail/link-51180.html
http://mbq.us/detail.php?id=83598
http://mbq.us/detail.php?id=83593
http://sitereviewer.net/detail/link-24922.html
http://mbq.us/detail.php?id=83592
http://www.dctry.info/detail/link-66439.html
http://mbq.us/detail.php?id=83602
http://sitereviewer.net/detail/link-24914.html
http://sitereviewer.net/detail/link-24918.html
http://addbusiness.net/detail/link-159441.html
http://4dietplan.com/topdirectoryseo/detail/link-15122.html
http://mediamention.info/webdir/detail.php?id=858
http://webindex.gootum.com/detail/link-51178.html
http://4dietplan.com/topdirectoryseo/detail/link-15129.html
http://www.submit-url.org/Shopping/Travel/egg-substitute-363318.html
http://mbq.us/detail.php?id=83594
http://ausv.org/detail.php?id=49633
http://webindex.gootum.com/detail/link-51163.html
http://www.dctry.info/detail/link-66433.html
http://sitereviewer.net/detail/link-24913.html
http://www.submit-url.org/Shopping/Travel/commercial-building-repair-363315.html
http://www.europelink.info/detail.php?id=97242
http://www.submit-url.org/Shopping/Travel/kickboxing-classes-staten-island-363320.html
http://www.gpwindow.com/detail/link-22105.htm
http://www.easywebpromotion.com/detail.php?id=112653
http://www.easywebpromotion.com/detail.php?id=112652
http://www.mmli.org/detail/link-45562.html
http://sitereviewer.net/detail/link-24925.html
http://www.fastdirectoryonline.info/detail.php?id=10471
http://4dietplan.com/topdirectoryseo/detail/link-15133.html
http://www.laplayasanjuan.com/directory/detail.php?id=3946
http://mediamention.info/webdir/detail.php?id=868
http://webindex.gootum.com/detail/link-51174.html
http://sitereviewer.net/detail/link-24926.html
http://mediamention.info/webdir/detail.php?id=863
http://www.mmli.org/detail/link-45568.html
http://webindex.gootum.com/detail/link-51170.html
http://www.gpwindow.com/detail/link-22109.htm
http://mbq.us/detail.php?id=83589
http://www.fastdirectoryonline.info/detail.php?id=10464
http://www.dctry.info/detail/link-66434.html
http://mediamention.info/webdir/detail.php?id=865
http://xurt.com/detail/link-125068.htm
http://alinkcatalog.info/detail.php?id=80256
http://www.easywebpromotion.com/detail.php?id=112657
http://mediamention.info/webdir/detail.php?id=856
http://sitereviewer.net/detail/link-24927.html
http://weblinksdir.info/detail/link-79802.html
http://www.fastdirectoryonline.info/detail.php?id=10466
http://www.submit-url.org/Shopping/Travel/bathroom-renovations-toronto-363328.html
http://www.easywebpromotion.com/detail.php?id=112658
http://www.gpwindow.com/detail/link-22103.htm
http://www.fastdirectoryonline.info/detail.php?id=10475
http://littlewebdirectory.com/links.asp?Page=2&cat=69
http://www.mmli.org/detail/link-45565.html
http://www.easywebpromotion.com/detail.php?id=112649
http://www.europelink.info/detail.php?id=97231
http://mediamention.info/webdir/detail.php?id=860
http://ripdir.com/detail.php?id=38021
http://www.submit-url.org/Shopping/Travel/video-production-pricing-363325.html
http://www.fastdirectoryonline.info/detail.php?id=10472
http://www.gpwindow.com/detail/link-22110.htm
http://www.fastdirectoryonline.info/detail.php?id=10478
http://www.easywebpromotion.com/detail.php?id=112650
http://www.outdir.com/detail.php?id=28599
http://www.europelink.info/detail.php?id=97230
http://webindex.gootum.com/detail/link-51169.html
http://www.mmli.org/detail/link-45567.html
http://webindex.gootum.com/detail/link-51175.html
http://catchsite.com/detail/link-33719.htm
http://mbq.us/detail.php?id=83605
http://ripdir.com/detail.php?id=38027
http://www.dctry.info/detail/link-66435.html
http://h-log.com/detail/prowordpress.net_111478.html
http://www.laplayasanjuan.com/directory/detail.php?id=3942
http://sitereviewer.net/detail/link-24924.html
http://www.fastdirectoryonline.info/detail.php?id=10470
http://submit-url.org/Computers_and_Internet/Multimedia/vacation-rentals-by-owner-356420.html
http://www.easywebpromotion.com/detail.php?id=112647
http://ripdir.com/detail.php?id=38036
http://webindex.gootum.com/detail/link-51167.html
http://mbq.us/detail.php?id=83590
http://ripdir.com/detail.php?id=38022
http://www.mmli.org/detail/link-45560.html
http://www.easywebpromotion.com/detail.php?id=112661
http://www.gpwindow.com/detail/link-22107.htm
http://www.mmli.org/detail/link-45561.html
http://weblinksdir.info/detail/link-79800.html
http://www.gpwindow.com/detail/link-22111.htm
http://fm20.com/detail.php?id=68986
http://fm20.com/detail.php?id=68979
http://anadirectory.info/detail.php?id=97589
http://www.easywebpromotion.com/detail.php?id=112663
http://anadirectory.info/detail.php?id=97592
http://4dietplan.com/topdirectoryseo/detail/link-15127.html
http://decily.com/detail.php?id=102654
http://www.europelink.info/detail.php?id=97241
http://www.dctry.info/detail/link-66441.html
http://4dietplan.com/topdirectoryseo/detail/link-15132.html
http://www.easywebpromotion.com/detail.php?id=112655
http://seowebdir.net/detail/link-187974.html