Title: Disability Insurance: Why You Need It - NerdWallet
Headings: Disability Insurance: Why You Need It and How to Get It
Disability Insurance: Why You Need It and How to Get It
How much does life insurance cost?
Policy length
Coverage amount
Best health
Good health
Average health
Why you need disability insurance
Types of disability insurance
Short term vs. long-term
How to get disability insurance
Buying your own disability policy
4 questions to ask yourself
1. How much of your income would you need to replace to maintain your lifestyle if you became disabled and couldn't work?
2. How long could you wait before the disability benefits kicked in?
3. How long would you want the benefits to last?
4. How broadly would you define "disability"?
Features of employer-sponsored and individual disability insurance
Other ways to find disability insurance
Dive even deeper in Insurance
Life Insurance Quotes

Content: Your term should last at least until you retire, and should also cover your longest financial obligation (like a child's college costs). 10 yrs 15 yrs 20 yrs 25 yrs 30 yrs 35 yrs 40 yrs
Coverage amount
The amount your loved ones would receive if anything should happen to you before your policy expires. Rule of thumb: Most financial planners recommend an amount 10-15x your current income. $
500K
Monthly estimates for
Life insurance rates are influenced by a number of factors, but your health has the biggest impact on the final cost. Best health
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Good health
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Average health
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COMPARE QUOTES
on Policygenius
“Everybody who relies on a paycheck should have this coverage,” says Keith Hoffman, the vice president of disability insurance at NFP Corp., an insurance brokerage and consultancy headquartered in New York. Here’s what you need to know. Why you need disability insurance
The chance of missing months or years of work because of an injury or illness may seem remote, especially if you’re young and healthy and you work at a desk. But more than one in four 20-year-olds will experience a disability for 90 days or more before they reach 67, according to the Social Security Administration. “You never think it’s going to be you,” says Carol Harnett, president of the Council for Disability Awareness, an insurance industry group.