Your monthly benefit is based on your level of income before you become disabled. You can expect anywhere from 60 percent to 80 percent of your predisability income from all sources combined. Higher paid workers tend to receive a smaller percentage of their former pay than do lower paid workers. If you pay your own premiums on a disability insurance policy, they will cost less if you accept a smaller percentage of your predisability pay. Benefit payment method.
Some policies call for weekly checks, but most pay monthly.
A policy also might include a provision allowing the insurance company to pay the entire benefit in one lump sum, cutting short any further liability. Beginning payment date. The longer you can go without receiving insurance benefits, the lower your premiums will be. Before you choose a longer waiting period, however, make sure you have enough savings and other resources to cover your expenses over that time. All policies limit the monthly amount of disability benefits paid to recipients.