Disability Income Protection Insurance (cont'd)
Disability Income Protection Insurance (disability insurancescont'd)
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When you apply fodisability insurancesr disability income protection insurance, you'll want to know how much monthly benefit is available to you. There are a number of factors disability insurancesthat determine the monthly benefit you are eligible to purchase, such as your current income, occupation and age.disability insurances
You will also have to consider disability insurancesthe length of time your benefits will be paid in case of a disability. Most plans offer several maximum benefit periods to choose fromdisability insurances. The maximum benefit period is the maximumdisability insurances length of time that benefits could be payable for any one disability. For disability insurancesinstance, you can choosedisability insurances a disability policy that provides monthly income benefits for two years, five yearsdisability insurances, until you reach the ages of 65 or 70.
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Your chances of suffering a disability are greatest during your working years—significantly greater, in fact, than your risk of a premature death.
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