Do I Really Need a Private Disability Insurance Policy If I Have a Policy Through Work?

ERISA Long Term Disability lawyer Nancy Cavey says yes. Many disability insurance policies provided by your employer only provide you with 60% of your salary with a maximum of $5,000-$10,000 in benefits.

However, these benefits are taxable and you will get less than the 60% that you are used to. Can you and your family survive on 60% or less of your current income? Probably not.

Private disability insurance attorney Nancy Cavey suggests that you buy a supplemental private disability insurance policy. Protecting yourself is key to avoiding serious debt if you become disabled.