How to calculate how much disability insurance you need can be viewed from two angles: how much do you need to cover basic monthly expenses; and what is the maximum amount that an insurance company will permit. This worksheet walks you through both calculations.
Download the free Disability Insurance Worksheet here...
Other free worksheets available from "The Insider's Guide to Retirement and Insurance Planning:"
- Life Insurance Worksheet: How much life insurance do I need?
- Disability Insurance Worksheet: How much income do I need if disabled? What is the maximum allowed?
- Retirement Budget Worksheet: How much income will I need in retirement?
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