Title: Is Long-Term Disability Insurance Worth It?
Headings: Is long-term disability insurance worth it?
Is long-term disability insurance worth it?
What is long-term disability insurance?
How does long-term disability insurance work?
How much does long-term disability insurance cost?
What's good about long-term disability?
What's bad about long-term disability?
Get the right advice, right here
What alternatives are there to indivdual long-term disability insurance?
Do I need short-term disability insurance?
What are the best long-term disability insurance companies?
Is long-term disability insurance worth it?

Content: What's good about long-term disability? The strongest argument in favor of long-term disability is that it dramatically reduces the risk of financial trouble if you become disabled for 6 months or more at some point during your career. Here are some other good things about it. There are no restrictions on how you can use the money. It's treated like a substitute for your regular monthly income, and comes with no strings attached. You don't have to pay it back or pay any interest or penalties on it. It's tax free. More precisely, since you pay for the premiums with after-tax dollars, the monthly benefit isn't also taxed. It can last a long time. The best policies have benefit periods that last until you reach retirement age.