MassMutual could be a solid choice for long-term ﷽disability insurance. Its policies can cover up to 80% of your income, tied with State Farm for the highest proportion in Investopedia’s review. You can secure coverage lasting until age 70, providing long-range financial security. 

With a wide selection of optional add-ons, you can tailor your policy to meet your specific needs. This includes an 澳洲幸运5开奖号码历史查询:own-occupation rider that protects your income if you can’t work in your specific field (as opposed to 澳洲幸运5开奖号码历史查询:any-occupation coverage, which only pꦜays out if you can’t perform any job). Additionally, married couples can receive aꦉ 10% discount on premiums.

MassMutual’s Radius Choice disability policy offers waiting periods of 60, 90, 180, 365, and 730 days. But competitors like Principal and State Fꦐarm offer shorte🤡r 30-day waiting periods, providing faster financial relief. 

MassMutual was founded in 1851 🔜and is ﷺbased in Springfield, Massachusetts.

Thrivent has the lowest premiums for disability insurance, based on quotes we collected for a 40-year-old dentist making $100,000 for coverage up to age 67. It also offers a 30-day elimination period, meaning benefits start sooner. Some policies pay 澳洲幸运5开奖号码历史查询:dividends after five years, wh𝓰ich can be u༺sed to lower your costs.

If you 澳洲幸运5开奖号码历史查询:s🌳tay at home to care for your family, Thrivent offers up to $2,00ꦅ0 a month in coverage for up to 24 months. The organization’s policies cap income coverage at 70%, while competitors MassMutual and State Farm have 80% caps. Thrivent’s maximum monthly benefit is $18,000, the lowest of the companies Investopedia reviewed.

Despite these benefits, Thrivent is onl🌠y available to Christians, their spouses, or children being raised as Christians.

Thrivent was founded in 1902 and based in Minneapo൲lis.

Assurity provides affordable long-term dꦿisability insurance. A 40-year-old dentist with a $100,000 salary can expect to pay $232 a month for coverage up to age 67, lower than every competitor except Thrivent. It offers a 30-day elimination period, allowing for quicker access to benefits.

However, the maximum monthly benefit is $20,000, lower than competitors like The Standard, which has a $35,000 maximum monthly benefit. Also, Assurity offers fewer optional riders compared to some competitors.

Assurity was found𓃲ed in 1890 and is bas🌄ed in Lincoln, Nebraska.

State Farm could be a strong option for reliable long-term disability insurance, thanks to its financial stability and competitive rates. State Farm has earned high ratings for financial strength, so it should be reliable when paying out future claims. 

State Farm disability insurance can repꦆlace up to 80% of your pre-disability income, tied for the highest percentage in Investopedia’s review.

You can choose a 30-day waiting period, which means you can start receiving benefits just one ෴month after becoming disabled.

However, State Farm’s maximum monthly benefit is $20,000, lower than other companies, and it offers fewer policy customizat🌞ion options.

State Farm was founded in 1922 and is based in Bloomi💦ngton, Illinois.

Principal stands out for its highly customizable long-term disability insurance. The company offers a wide range of waiting ꦉperiod choices, including 30, 60, 90, 180, and 365 days, allowing you to fine-tune when your benefits begin and potentially save money on premiums. It also provides a good selection of riders to tailor your policy to your specific needs, 

You can also purchase disability income insurance specifically for 澳洲幸运5开奖号码历史查询:retirement savings. If you can’t work due to illness or injury, the Principal DI Re♏tirement Security policy starts putting money in a trust for you each month. When you reach retirement age, you receive📖 the accumulated funds in monthly payments.

🍷Principal provides a disability insurance calculator that generates a quick online quote for a policy. However, 𝓰its policies are relatively expensive, and you must apply by age 60.

Principal was founded in 1879 and is based i✱n Des Moines, Iowa.

The Standard could be a strong choice if you need high benefit amounts from yoꦅur long-term disability i♔nsurance. It offers the highest maximum monthly benefit in Investopedia’s review at $35,000, and accepts applications up to age 64, tied for the highest maximum application age.

If you need to reduce your work hours to care for a family member with a serious health issue, The Standard offe༺rs a monthly Family🅠 Care Benefit to help offset the lost income. It applies when your work hours and income both drop by at least 20%.

However, The Standard’s shortest waiting period for benefits is 60 days, so you’ll need to cover your living expen𒈔ses for two months after becoming disabled before your insurance benefits start. The company also doesn’t provide price information online.

The Standard was🐻 founded in 1906 as Oregon Life Inꦬsurance Company and is based in Portland, Oregon.