See how much of your income is protected?

Long-term disability income insurance is a type of coverage that replaces a portion of your income if you become unable to work due to a serious illness or injury for an extended period—typically beyond 90 days. It helps ensure you can continue meeting your financial obligations even when you cannot earn a paycheck.

Most long-term disability policies replace between 50-70% of your pre-disability income. The exact percentage depends on your policy terms. It's important to note that benefits are typically taxable if you pay premiums with pre-tax dollars, which is common with employer-sponsored coverage.

Often, no. Many employer disability plans only replace 40-60% of your income and may include monthly benefit caps. Additionally, employer coverage is typically tied to your employment—if you leave your job, you may lose your coverage. Individual disability insurance provides more comprehensive protection and stays with you regardless of employment status.

The cost varies based on factors like your age, occupation, health status, income level, and the specific policy features you choose. For professionals in high-income fields, individual disability insurance typically costs 1-3% of the annual benefit amount. Many find the peace of mind worth the investment, especially given that 1 in 4 workers will experience a disability before retirement.

Absolutely. Having employer coverage doesn't mean you don't need additional protection. In fact, it can be a valuable foundation. An individual policy can complement your employer coverage by filling gaps, increasing your overall benefit amount, and providing portable coverage that continues regardless of your job situation.