Probably once you have enough retirement savings. Otherwise, it is one of the most valuable possessions you own and should be cherished not dropped.
If you are currently unable to work or disabled, you may not be able to qualify for a regular disability insurance policy. There are few insurance companies that can offer substandard disability insurance, or graded benefit disability insurance. You should discuss this with an experienced agent, before you get the surgery.
For disability insurance I would first start with my employer, most offer extra disability insurance for a discounted fee. I don't know a lot about other types but talking to a insurance agent should be a good source for information.
form_title=Purchase Disability Insurance form_header=If you're suffering from a disability, insurance can help pay for bills and other needs. Have you received disability insurance in the past?= () Yes () No Does your employer offer disability insurance?= () Yes () No How quickly, and for how long, do you need disability insurance?=_
form_title=Disability Insurance form_header=Disability insurance will protect your income when you are unable to. Get a policy that will provide security for financial future. Do you currently have any disabilities?= () Yes () No Do you currently have any type of disability insurance?= () Yes () No Who would you like to add as a beneficiary?=_
Yes, unless you pay/reimburse the employer for the insurance premium out of your own pocket.
One can get a comparison of disability insurance rates on websites like Insurance Data, Disability can Happen, RBC Insurance, Termlife Insurance or SB Information.
You can live anywhere in the US and do well if you have a disability. Depending on the disability, you can get disability insurance. Disability insurance is figured by your work history and if you get approved.
Yes, if you are unable to work. ANSWER: Actually, if you are currently UNABLE to work, you can NOT apply for disability INSURANCE. You have to be actively at work to get insurance for disability.
Disability insurance needs to have tighter restrictions
In California a disability will not effect your insurance quote but if you are in southern state like Florida a disability will effect you insurance quote.
MetLife Disability Income is the best company that offers disability insurance. You can read more about Flexible Disability Income Insurance and Policies at metlife.com
If you can afford to keep disability insurance, I would. As we get older, our bodies become fragile, and you want to be fully covered just in case.