Long Term Disability Insurance - Why You Need It & How to Get It

The importance of getting long term disability insurance quote has been shown throughout the years. Especially nowadays, with the stressful life we’re living and the increased number of accidents, getting a good long term disability insurance quote is vital to the safety and financial stability not only for yourself but also for your family and close ones.

The most frequent cases when you need a long term disability insurance quote are:

-        You need additional coverage besides the one you have from your job

-        You don’t have enough resources to cover your monthly expenses for more than a few months

-        You want a long-term solution to your financial worries

-        You are at high risk of being disabled at any time during your work life

But how exactly can you find the right long term disability insurance quote? For that, there are a couple of things the insurance policy includes:

-        Full time or part-time work - most long term disability insurance quotes require that you have a full-time job and are working 30 or more hours per week. Some disability insurance companies will allow part time employees or individuals just working 20 hours per week.

-        Elimination period -  before you can start to receive long term disability insurance benefits, there is usually a waiting period which varies from one provider to another . This is the period of time you have to not be working after a disability occurs.

-        Pre-existing conditions - most long-term disability insurance quotes have a section with pre-existing conditions that are excluded from the long-term coverage. Each company is different and this is the reason it so important to read your contract.

-        Exclusions– conditions that are excluded from the long term disability insurance quote.