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What are the Costs of Disability Insurance? Caldwell ID

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.

Intermountain Agency Inc.
(208) 377-7101
1650 S. Albright Lane
Boise, ID
 
Senior Insurance Benefits
(208) 685-9234
1577 N. Linder Rd.
Kuna, ID
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Final Expense Life Insurance

Intermountain Agency
208-344-0022 extension 115
1650 S Albright Lane
Boise, ID
 
Alliance For Affordable Services
(208) 939-9137
1020 W Main St
Boise, ID
 
Health Insurance of Idaho
(208) 345-8557
3607 W Overland Rd
Boise, ID
 
High Valley Dermatology & Dermatologic Surgery
(208) 522-7546
2085 Providence Way
Idaho Falls, ID
 
Neighbors Insurance
(208) 882-8113
411 N. Almon # 401
Moscow, ID
 
Benson David Insurance Inc
(208) 455-2270
Caldwell, ID
 
Insurance Services of Idaho
(208) 383-9500
1843 Broadway Ave Ste 202
Boise, ID
 
Agency of Choice
(208) 342-6288
1818 S Londoner Way
Boise, ID
 

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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