A disability policy should generally cover about sixty percent of your income, but you may need more or less than this amount, depending on your income sources. Your employer's disability insurance may cover enough of your income that you don't need additional coverage, or perhaps your money is in investments and you have enough holdings to cover any disabilities. Commissions and bonuses can be deferred if you become disabled. You may need extra disability insurance if you own your own business, support an aging family member or don't have any mortgage disability insurance. Consult an insurance agent in your are for more information about replacement income.
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