Title: Do I Need Disability Insurance? | Family Finance | US News
Headings: Do I Need Disability Insurance?
Do I Need Disability Insurance?
Your employer may offer disability insurance, but investigate its coverage limits and tax implications.
Read:
What Is Disability Insurance?
Long-Term Disability vs. Short-Term Disability Insurance
Is My Employer-Offered Disability Insurance Enough?
What Is Social Security Disability Insurance?
How Much Disability Insurance Do I Need?
How Much Does Disability Insurance Cost?
Who Needs Disability Insurance?
9 Ways to Reduce Your Insurance Costs

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Many workers spend years nurturing their ability to earn a paycheck. They complete specialized training programs, negotiate salary and score promotions. They take night classes, work overtime and find ways to make themselves indispensable to their employer. So what would happen if they lost the ability to earn that paycheck tomorrow? What if an illness disrupted their ability to work for three months? What if a serious accident prevented them from ever working again? Would they be able to pay their mortgage? Would their kids still have a college savings account? Would they be able to retire? "Your ability to earn an income is your greatest asset, and if you don't cover that, all of those other plans are at risk," says Kamilah Williams-Kemp, vice president for new business at Northwestern Mutual.