Many people overlook disability insurance.
Yet about one out of three 35 year olds will become disabled for 90 days or longer before age 65. Disability insurance can help protect your family if you were suddenly unable to work. Your employer may offer a disability plan, but it may not be sufficient for your needs. The income may not be adequate, the waiting period before benefits begin may be too long, or the term for which you are covered may be too brief. Also, most employer paid plans have benefits that are taxable.