Title: Buying Life and Disability Insurance at the Same Time | Policygenius
Headings: Buying life and disability insurance at the same time
Buying life and disability insurance at the same time
The best way to protect your income is by having both a life insurance and disability insurance policy in place.
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How insurance works
Is life insurance worth it?
Is it worth getting long term disability insurance?
Compare and buy life insurance
Why you should apply for life and disability insurance at the same time
How to apply for life and disability insurance at the same time
1. The best time to apply for insurance is now
2. Two applications, one timeline
3. Take only one medical exam
4. Ensure that you’re covered
Adding disability coverage to your life insurance policy
Disability income rider
Waiver of premium rider
Accelerated death benefit rider
Critical illness rider
About the author

Content: Life insurance provides a death benefit to your beneficiaries if you die while the policy is in force and is an essential protection for anyone with dependents. If there are people who would struggle financially if you were to suddenly die, a life insurance policy will protect them from financial suffering and provide you with peace of mind. The life insurance death benefit can pay for medical bills, funeral costs, mortgage payments, college tuition, student loans, and other debts and obligations if you die prematurely. Because life insurance benefits are typically tax-free, your family and dependents can do anything with the money that they need to. Is it worth getting long term disability insurance? Like life insurance, long-term disability insurance is a form of income replacement. But unlike life insurance, long-term disability insurance protects your income while you’re still alive. For this reason, anyone who depends on an income to live or save should purchase disability insurance. If an accident or illness means you can no longer work, the long-term disability benefits pay out a percentage of your former salary for a length specified in your policy. The chances of becoming disabled at some point in your career are higher than you might think— one in four people experience a disability at some point while they are employed and many of the disabilities people can experience go beyond the kind of workplace accidents that are covered by workers’ compensation.