Disability Income Insurance Protection, Part III

There are many different options when it comes to disability income insurance, so it is best to educate yourself and know what you are looking for. You may choose total or partial disability insurance. You may look for a plan that covers you until age 65 or one that only covers a five-year period. You may choose a short or long waiting period, which is the time before your benefits begin. And you may even choose to add a rider, which is an optional, additional coverage on your policy that can be specific to your needs.

All of these choices will affect your benefit premium. Partial insurance is cheaper than total disability, a five-year coverage is cheaper than one that covers you until age 65, and electing for a longer waiting period will be cheaper than electing to receive your benefits immediately. In addition, a rider usually carries a premium.

Although disability income insurance can be costly, one might want to consider how costly it may be to forgo protection and find themselves suddenly disabled and unable to work. Not only will quality of life suffer, but so will quality of medical care.







For information on Social Security Disability, visit the

Social Security Disability SSI Resource Center















Additional Resources

Receive an Approval for Social Security Disability
How often does someone get disability approved in just a few months ?
If a reconsideration is denied for Social Security Disability or SSI