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 lღasting 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官方开奖结果体彩网:own-occupation rider that protects your income if you can’t work in your specific field (as opposed to 澳洲幸运5官方开奖结果体彩网:any-occupation coverage, which only pays out if you can’t perform any job). Additionally, married c꧃ouples can receive a 10% discount on premiums.

MassಌMutual’s Radius Choice disability policy offers wa🌸iting periods of 60, 90, 180, 365, and 730 days. But competitors like Principal and State Farm offer shorter 30-day waiting periods, providing faster financial relief. 

MassMutual was founded in 1851 and is based in Springf꧟ield, 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官方开奖结果体彩网:dividends afterไ five years, which 🍨can be used to lower your costs.

If you 澳ꦦ洲幸运5官方开奖结果体彩网:stay at home to care for your family, Thrivent offers up to $2,000 a month in coverage for up to 24 months. The organization’s policies cap income coverage at 70%, while competitors MassMutual an💫d State Farm have 80% caps. Thrivent’s maxi𝓰mum monthly benefit is $18,000, the lowest of the companies Investopedia reviewed.

Despite these benefits, Thrivent is only available to Christians, their s🍌pouses, or children being raised as Christians.

Thrivent was founded in 1902 🐻and based inꦡ Minneapolis.

Assurity provides affordable long-term disability 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 wa🌟s founded in 1890 and is based in Linc🍸oln, 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 replace up to 80% of your pre😼-disability income, tied for the highest percentage in Investopedꦬia’s review.

You can choose a 30-day waiting period, which means you can ♒start receiving be♐nefits just one month after becoming disabled.

However, 🅘State Farm’s maximum monthly benefit is $20,000, lower thꦰan other companies, and it offers fewer policy customization options.

State Farm was founded in 1922 and is based i🅺n Bloomingtonཧ, Illinois.

Principal stands out for its highly customizable long-term disability insurance. The company offers a wide range of waiting period 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官方开奖结果体彩网:retirement savings. If you can’t work due to illness or injury, the Principal𝓀 DI Retirement Security policy starts putting money in a trust for you each month꧙. 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. Howev🔴er, its policies are relatively expensive, and you must apply by a🥀ge 60.

Principal was founded in 18﷽79 and is based in Des Mꦛoines, Iowa.

The Standard could be a strong choice if you need high be🙈nefit amounts from your long-term disability insurance. 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 of🐓fers 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 expenses for two months after becoming disabled before your insurance benefits ܫstart. The company also doesn’t provide price information online.

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