Disability Insurance by Income
What is the best disability insurance for commission-based earners?
Commission-based earners have variable income, which makes disability insurance more complex. Benefits are typically based on average income over the past 12-24 months. An independent agent can help you find disability insurance that accurately reflects your commission income.
Key Points
- Benefits based on average income over past 12-24 months
- Variable income: disability insurance is more complex
- An independent agent can help you find disability insurance for commission-based earners
- Own-occupation definition: most important for commission-based earners
- Residual disability rider: important for partial disability with reduced commission income