Let’s talk about disability, shall we? Specifically, disability insurance.
Are you a Six Million Dollar Man/Woman?
Of course, I’m referring to the wildly popular sci-fi TV show from the 70s, The Six Million Dollar Man. Remember the show? No? Never heard of it? Okay, never mind.
At its core, retirement planning is simple. You trade income during your working years for income during your non-working years. To do this, you set aside a portion of today's income and accumulate enough so you can live off of it in retirement.
Comparing disability insurance quotes takes more than just comparing premiums. You have to dig in and read the contracts. We outlined below some of the more important disability insurance contract provisions.
If you are considering getting a disability policy, it pays to know what to look for. Simply comparing prices (premiums) isn't enough. Here are a few basic guidelines to help you choose a coverage most suited for your needs.
Elliott Bay Insurance