8 Things About Disability Insurance Policy You Need To Know

Last Updated on April 19, 2021

2. Long-Term Disability Insurance

One of the best disability insurance policy is long-term based. You will get a monthly allowance and benefit for up to three to ten years or until retirement. This long-term disability insurance is regarded as a foremost superior policy to help workers when they are ill or unable to perform their event. Whether cost-effective and comprehensive, it is allowed for everyone working for a company or your own business. The monthly cost of long term disability insurance costs from $65 to $500, depending on the yearly subscription. Moreover, the monthly benefit would be up to 60% and would just cost 1 to 3% of your annual salary, making it even more useful.

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