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What are the Costs of Disability Insurance? Dacula GA

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.

Harold Lundy
1091 Ashland Drive
Statham, GA
Company
Company: Lundy Insurance Group, Inc.
Service
Pension for Highly Compensated Owners,Stock Market Alternative,Alternative Investments,Disability Insurance,Annuities,Annuity Ideas & Strategy Planning,Asset Protection Strategies & Planning,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Medicaid,Life Insurance,Long-Term Health Care Planning,Retirement Income Accumulation Planning,401k Rollover From Employer,Income for Life/ Preserve Principal,Medicare Planning,Health Care Insurance,Retirement Planning,Retirement Income Distribution Planning

Data Provided by:
Claiborne's Consultation Service for Senior Health Plans, LLC
(770) 680-2726
4850 Sugarloaf Pkw Ste 209-159
Lawrenceville, GA
 
Harris Medical Associates
(770) 497-9685
1180 Satellite Boulevard, Suite 200
Suwanee, GA
 
Ameriplan USA
(888) 894-0802
P O Box 392544
Snellville, GA
 
413 Insurance Services, LLC
(770) 965-6221
5634 Atlanta Hwy Ste. 1000
Flowery Branch, GA
 
Aflac
(770) 374-1347
368 West Pike Street
Lawrenceville, GA
 
AffordableFamilyPlans.com
(800) 819-7853
PO Box 1975
Loganville, GA
 
David C Cloud & Associates
(770) 935-0330
4485 Tench Rd Ste 210
Suwanee, GA
 
Absolute I nsurance Brokers
(770) 965-8445
5914 Nachoochee Tr.
Flowery Branch, GA
Prices and/or Promotions
We shop many insurance carriers to get lowest premiums for you!!

Markel Insurance Services
(770) 982-7051
3100 Five Forks Trickum Dr
Lilburn, GA
 
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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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