Disability Insurance Calculator
Calculate disability insurance premiums to protect your income during disability
Disability Details
Ready to Calculate
Enter your income details to calculate disability insurance premiums.
How to Use This Calculator
Enter Personal Information
Input your monthly income, age, and gender. These are key factors that determine your benefit amount and premium costs for disability insurance.
Select Occupation and Disability Type
Choose your occupation type and disability coverage type (short-term or long-term). These factors significantly impact your premium rates due to different risk levels.
Configure Coverage Options
Set your benefit percentage, elimination period (waiting period before benefits start), and benefit period (how long benefits last).
Review Premium Calculation
Examine your monthly and annual premiums, total benefits, and the factor breakdown that shows how each element affects your premium rate.
Disability Insurance Tips
Disability insurance typically replaces 50-85% of your income if you become unable to work due to illness or injury.
Shorter elimination periods result in higher premiums - choose based on your emergency fund and other benefits.
Consider your occupation's risk level when choosing coverage - high-risk jobs may require specialized policies.
Review your coverage annually or when your income changes significantly to ensure adequate protection.
Group policies through employers are often cheaper but may not provide sufficient coverage for high earners.
Pre-existing medical conditions can affect premiums and coverage - disclose all health information honestly during application.