Launching: Disability Insurance

TooOld4School
Tue, 25 Oct 2016 00:52:16 +0000

Disability is the most important insurance for a young person. Much more important than life. Policies are cheap when purchased young. I’d get a policy with inflation protection, that runs until at least 65 or 70, and starts after an extended period (typically 90-120 days) to reduce costs. Other nice features include the ability to add additional insurance as her income changes. You should also select a larger, financially stable underwriter since she will likely keep the policy for 30+ years.