You Can't be Without it: Online Sources for Disability Insurance

Disability insurance is one of those items many people say they don't need--unless something were to go terribly wrong. While many people have disability coverage through their employers, analysts say this isn't enough coverage (usually only half of a monthly salary, and with a cap of $5,000) based on what most of us earn.

How do you find disability insurance that matches your needs?

Finding carriers isn't as easy as it used to be. Two decades ago, there were more than 200 carriers, while today, there are only about 40. You could check with your life insurance broker, but you can also find a wealth of information on the Internet. Online, you can compare policies and premiums, and may even get more coverage for much less money.

Smart Money magazine has put together a list of online sources. Some offer direct quotes, while others serve as brokers for other companies.

You may like these other stories...

Whenever I speak to accountants about creating a cloud practice, the most common question is, “How do I charge my clients?” Ten years ago, maybe even five years ago, if I would’ve posed this question...
While reputational risk is the No. 1 nonfinancial concern among corporate directors, cybersecurity/IT risk is gaining steam. In fact, both private companies and organizations with more than $1 billion in revenue felt they...
Accountants who specialize in forensic and valuation services point to electronic data analysis, or big data, as the most pressing issue they’ll face in the coming months, according to results of a new survey released...

Upcoming CPE Webinars

Jul 31
In this session Excel expert David Ringstrom helps beginners get up to speed in Microsoft Excel. However, even experienced Excel users will learn some new tricks, particularly when David discusses under-utilized aspects of Excel.
Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.
Aug 20
In this session we'll review best practices for how to generate interest in your firm’s services.
Aug 21
Meet budgets and client expectations using project management skills geared toward the unique challenges faced by CPAs. Kristen Rampe will share how knowing the keys to structuring and executing a successful project can make the difference between success and repeated failures.