Longterm Disability Insurance

[southsoundtree]

Anyone know about this for owners/ employees as another layer of coverage?

 

[Evo]

Not too much, but my life insurance policy has some coverage for that. Ditto health insurance.
Company paid fringe benefit type thing.

 

[Reach]

I know very little about it, I do know there are two different classes of long-term disability insurance. One pays out only if you are unable to do any sort of work, the other type, which is far more expensive, pays out if you are unable to do the kind of work that you have done previously.

I've heard that it is very difficult and very expensive to get as an owner, but I don't know for certain because I've never had it quoted myself.

 

[Brando CalPankian]

We use the Hartford. It's like $60 a month.