Where to Find the Best Long Term Disability Insurance

When people think about buying insurance, they usually start with the most common – homeowners, auto, health, and life insurance. Too many times, long term disability insurance gets forgotten.

What is Disability Insurance

In simple terms, disability insurance is income replacement insurance. In other words, if you lose your job because you become disabled, you will have a percentage of your lost income replaced with your disability insurance.

There are two basic types of disability insurance:

-Short term disability -Long term disability

Short Term Disability

As the name suggests, short term disability insurance replaces your income over a short time. Short term can mean anywhere from a few months up to one year. There usually is a waiting period of around 14 days before coverage starts. 

Long Term Disability

A long term disability is designed to cover serious injuries that last a long time. How long and how much coverage you have depends on the policy. Typically, it lasts as long as you pay the premiums, and as long as the disability lasts. 

Where to Buy Disability Insurance

-Local  Agent -Online Marketplace