{"id":10736,"date":"2020-06-03T15:15:17","date_gmt":"2020-06-03T19:15:17","guid":{"rendered":"https:\/\/lifehappens.org\/?page_id=10736"},"modified":"2024-07-24T15:11:58","modified_gmt":"2024-07-24T19:11:58","slug":"how-much-does-disability-insurance-cost","status":"publish","type":"page","link":"https:\/\/lifehappens.org\/disability-insurance-101\/how-much-does-disability-insurance-cost\/","title":{"rendered":"How much does disability insurance cost?"},"content":{"rendered":"

[et_pb_section fb_built=”1″ make_equal=”on” specialty=”on” padding_top_2=”20px” padding_right_1=”50px” padding_top_bottom_link_1=”false” padding_top_bottom_link_2=”false” padding_left_right_link_1=”false” padding_left_right_link_2=”false” custom_css_main_1=”border-right:1px solid #eeeeee;” _builder_version=”4.16″ inner_width=”90%” inner_max_width=”none” inner_module_alignment=”right” custom_padding=”60px||||false|false” top_divider_color=”#3390ff” top_divider_flip=”vertical|horizontal” top_divider_arrangement=”above_content” global_colors_info=”{}”][et_pb_column type=”3_4″ specialty_columns=”3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_row_inner _builder_version=”4.16″ custom_padding=”20px||||false|false” global_colors_info=”{}”][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_button button_url=”\/disability-insurance-101″ button_text=”Disability Insurance 101″ module_class=”button_icon_right” _builder_version=”4.16″ custom_button=”on” button_border_width=”0px” button_letter_spacing=”0px” custom_padding=”0em|0em|0em|0em|false|false” global_colors_info=”{}”][\/et_pb_button][et_pb_text _builder_version=”4.16″ _dynamic_attributes=”content” header_font_size=”38px” custom_margin=”||||false|false” custom_padding=”||||false|false” locked=”off” global_colors_info=”{}”]@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF90aXRsZSIsInNldHRpbmdzIjp7ImJlZm9yZSI6IjxoMT4iLCJhZnRlciI6IjwvaDE+In19@[\/et_pb_text][et_pb_text _builder_version=”4.16″ global_colors_info=”{}”]<\/p>\n

As a general rule of thumb, an individual long term disability insurance costs about 1% to 3% of your annual salary. This chart below gives you an idea of approximately what you could expect to pay for your disability insurance based on your earnings.<\/p>\n

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Annual Salary<\/h2>\n<\/td>\n

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Yearly Cost<\/h2>\n<\/td>\n

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Monthly Payment<\/h2>\n<\/td>\n<\/tr>\n

$30,000<\/td>\n$300 – $900<\/td>\n$25 – $75<\/td>\n<\/tr>\n
$50,000<\/td>\n$500 – $1500<\/td>\n$60 – $125<\/td>\n<\/tr>\n
$100,000<\/td>\n$1000 – $3000<\/td>\n$83 – $250<\/td>\n<\/tr>\n
$150,000<\/td>\n$1500 – $4500<\/td>\n$125 – $375<\/td>\n<\/tr>\n
$200,000<\/td>\n$2000 – $6000<\/td>\n$166 – $500<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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Source: Policygenius<\/a><\/p>\n

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Disability insurance cost depends on several factors. They include:<\/p>\n