Why you should pay for disability insurance 

Preventative care, anything can happen

Did you get an individual coverage policy or one through your employer? You want to get an individual policy and make sure it covers cost of living adjustments and own occupation. This is something employers are not required to warn employees about when they start or provide them with group coverage, which is often not adequate for long term disability. The state and federal laws should require ample warning about this when joining an employer so appropriate coverage can be obtained. Social security only pays 30%. You need that individual policy to cover the other 30%, otherwise you won't be able to afford the bare necessities of life given how expensive housing and medical insurance is.

One day you Will be glad you did..

I think it is appropriate to have but be advised it rarely pays more than 70% and many cases have to be adjudicated. Attorneys fees range from 40% of the overall disability or 50% of the fees recovered from the time of disability to settlement. And due to the Trump administration's change of policy, personal attorney fees are not deductible and you will have to pay income tax on the the entire amount including those paid to the attorney.

Just got into a car accident trust me it's worth it! I'm 34yrs old.

May I ask what company you dealt with and what kind of BS reasons they gave?

@@ThePeterDislikeShow I'd rather not mention my former employer, but there is a likelihood you are viewing this on one of their devices. The problem occurred when Sedgwick, the worker's comp admin lost the majority of my medical records which were forwarded to the disability insurance company. This also prevented a leave of absence during which physical therapy would have permitted me to return to work. I was forced to retain legal counsel to rectify. My employer did institute new policies and hired internal administrators to assist after I sent a certified letter to the CEO. If not for Sedgwick's failure I may not have needed to hire an attorney. It was not the failure of the company but rather the Worker's Comp Administrator Sedgwick.

@@jamestdawson Legal malpractice case maybe?

@@ThePeterDislikeShow The lawyer did what he was paid to do, which if not for Sedgwick's mishandling, I could have done. Their fees are typical, unfortunately. The problem is that Sedgwick is unregulated and incompetence is profitable. I have fully recovered and moved on. And my employer did take steps to rectify.

@@jamestdawson Glad you've made a recovery. In retrospect, do you have any tips for people before they get disabled to ensure i's are dotted and t's crossed?