When it comes to choosing long-term disability insurance, it’s critical to consider factors such as benefit periods, occupational class, and premium prices. With Mutual of Omaha’s Mutual Income Solutions disability income policy, individuals aged 18 to 61 can receive up to $20,000 in disability income when they qualify. Benefit periods range from six months to up to age 70, and consumers can select between non-cancelable or guaranteed renewable coverage. Furthermore, Mutual of Omaha offers valuable rider add-ons at an additional cost.

Ameritas offers the DInamic Cornerstone Income Protection plan that provides up to a $30,000 monthly benefit for eligible income earners. They also offer several valuable free benefits and rider options, such as the future increase option, automatic income increase, catastrophic disability or student loan repayment.

Assurity Life Insurance Company’s Century+ individual disability income insurance policy is especially recommended for individuals in high-risk occupations, offering up to $10,000 in long-term disability insurance benefits.

MassMutual’s policy, Radius Choice, is another highly customizable option that offers different waiting periods and benefits periods. Also, an impressive range of optional riders is available to tailor-fit insurance to specific needs.

Finally, Principal Financial Group’s Principal Income Protector disability insurance offers a simplified underwriting process, and its policy is non-cancelable as long as payments are made.

When considering purchasing disability insurance, factors such as your age, occupation, income, and coverage are used to determine your monthly premiums. It’s suggested that individuals assess their monthly expenses and other existing income sources before deciding on a policy.

Remember that once enrolled in a disability insurance plan, benefits are paid if an individual experiences a disabling event, such as an injury, sickness, or pregnancy, and cannot work. These benefits are not taxable if premiums are paid with post-tax dollars.