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What are the Costs of Disability Insurance? Beatrice NE

Disability insurance can vary widely in cost, you can expect that any policy that gives you a reasonable benefit (50% to 70% of your salary) will also be reasonably expensive.

Healing Radiance Massage
(402) 880-7618
1216 Howard St
Omaha, NE
 
Med One of Nebraska
(402) 932-6331
P.O. Box 12083
Omaha, NE
 
Midwest Medical Billing Service
(402) 504-4680
11977 South 202nd Street
Gretna, NE
 
Physicians Mutual Insurance Co
(402) 633-1000
2600 Dodge St
Omaha, NE
 
American Family Insurance
(402) 391-1586
8031 W Center Rd
Omaha, NE
 
Senior Market Supplements
(402) 467-0008
3915 Holdrege St
Lincoln, NE
 
Advanced Health Plans Inc.
(402) 312-7997
13520 Discovery Dr. Ste. 217
Omaha, NE
 
American Family Insurance
(402) 393-2924
7555 Maple St
Omaha, NE
 
Wellspring Physical Therapy
(402) 934-9711
2920 N 118th Cir
Omaha, NE
 
Catholic Health Initiative
(402) 492-3256
11605 Miracle Hills Dr Ste 300
Omaha, NE
 

What are the Costs of Disability Insurance?

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Disability Insurance Cost

Disability insurance can vary widely in cost, depending on the kind of benefit you are looking to receive. However, you can expect that any policy that gives you a reasonable benefit (50% to 70% of your salary) will also be reasonably expensive. Keep in mind that most financial planners state that you should have between 50% to 70% of your salary in disability benefit's in order to ensure that you can survive your health crisis financially. Also, keep in mind that ideally you will have paid the premiums yourself, so that the benefit you receive is tax-free. If your employer is paying for your long-term disability insurance , your benefit should be higher because you will pay income tax on it.

So, when thinking about premiums you do have to keep in mind what will happen when you are in the position to collect benefit's.

In general, premiums will be based on your age, sex, occupation and the amount of income you are trying to protect. If you have a low risk job, you can expect a lower premium. However, if you are trying to protect a large salary, your premiums can be quite expensive.

In general, the less likely that you will be hurt on the job, the lower your premium will be. So, if you wash windows on skyscrapers, your insurance is likely to be expensive. Most white-collar workers will get a break as a result. A computer programmer working in an office will likely have lower disability premiums than a construction worker, even if the ...

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