Disability Insurance by Income
What is the best disability insurance for high-income earners?
High-income earners need disability insurance that replaces a significant portion of their income. Individual disability insurance policies have benefit limits (typically $10,000-$20,000/month). High-income earners may need multiple policies or supplemental disability insurance to fully replace their income.
Key Points
- Individual policies: benefit limits typically $10,000-$20,000/month
- High-income earners: may need multiple policies
- Supplemental disability insurance: available for high-income earners
- Own-occupation definition: most important for high-income earners
- An independent agent can help you find disability insurance for high-income earners