Secure Future Financial Freedom Self-Employed Disability Insurance Secrets
Cost Considerations and Potential Savings
The cost of disability insurance varies based on several factors, including age, health, occupation, and the specifics of the policy you choose. Generally, premiums range from 1% to 3% of your annual income. For example, a self-employed individual earning $100,000 per year might pay between $1,000 and $3,000 annually for coverage2. It's advisable to compare quotes from different insurers and explore any available discounts or bundled options to find the most cost-effective solution.