Mutual of Omaha, according to a comprehensive evaluation of several disability insurers, has been deemed the provider of the best long-term disability insurance in 2024. It provides up to $20,000 in monthly benefits, short elimination periods, lengthy benefit periods and both short and long-term disability coverage.

Through its Mutual Income Solutions long-term disability income policy, Mutual of Omaha offers up to $20,000 in disability income for qualified applications aged 18 to 61. Interested policyholders can choose waiting periods between 30 to 730 days, and benefit periods ranging from six months to lasting until the policyholder reaches age 70. The policy also allows for customization with options such as the automatic increase benefit and the future insurability option.

Ameritas is another contributor to the disability insurance market, known for being cost-friendly and offering a variety of discounts. The company’s DInamic Cornerstone Income Protection plan offers up to $30,000 per month for eligible earners and even rewards good health by shortening the elimination period by two days for each year that the policyholder does not file a claim.

Assurity Life Insurance Company’s Century+ plan is ideal for high-risk occupations like carpentry, farming, or mechanics, offering up to $10,000 in long-term disability insurance benefits. Meanwhile, MassMutual’s Radius Choice provides a comprehensive list of riders for customization, and Principal Financial Group offers a streamlined and simplified underwriting process.

These companies, among others, cater to different needs, but they have a common purpose: to provide financial assistance in the event of a debilitating condition or illness that prevents policyholders from working and earning an income. Disability insurance is recommended for primary earners, self-employed individuals, business owners and anyone whose loss of income would severely impact their ability to meet financial obligations.

For further assistance, particularly for California residents who are seeking advice on how to navigate this process, Eddcaller.com is a reliable resource. You can find numerous tips on how to get a hold of edd, how to talk to someone at edd disability or how to get ahold of edd customer service. Their guidance can be incredibly helpful, so don’t hesitate to explore their services.