4 Truths About Accident Disability Insurance

Accident disability insurance is private insurance that you purchase through an insurance company or through an employer to provide you with financial protection in the case of an injury accident, which, according to the U.S. Department of Commerce, costs this country over $500 billion a year.
Accident disability insurance can often mean the difference between keeping your house and ending up in foreclosure. In order to make a wise purchasing decision, you need to understand accident disability insurance better.

What you Need to Know About Accident Disability Insurance
  1. Accident disability insurance premiums are based on your age, how much coverage you need, and how long the insurance will pay.
  2. Accident disability insurance policies are all different. Make sure you understand what will and will not be covered under your policy.
  3. When determining how much accident disability insurance you need, calculate how much money your family will need to survive for up to a year if you are unable to work.
  4. Don't be afraid to obtain quotes from several companies before choosing an accident disability insurance policy. Choose the one that offers the best coverage for the most reasonable premium.