Visit our COVID-19 Resource Center for answers to your questions. Menu Log In Income Protection Insurance Calculator Income protection insurance provides monthly benefits if you can't work for an extended period of time because of an illness or injury. With this calculator, you can see if you're well-protected or you need more coverage. Let's get started. Step 1: Monthly Expenses Enter the approximate amount you spend on each item below. If you share expenses with someone else, enter only the amount you pay. Home Expenses Include mortgage/rent, property taxes, services, utilities, etc. Loans/Debt Include credit card, student loan payments, etc. Food and Dining Include groceries, dining out, coffee shop purchases, etc. Insurance Include health, dental, car insurance, etc. Transportation Include public transportation, car payment, gas, service, etc. Children Include education, daycare activities, etc. Entertainment Include vacation expenses, movies, concerts, etc. Other Expenses Enter the amount you’d like to budget for any other expenses Savings and Investments Include monthly retirement contributions, personal savings, etc. Monthly Income Needed $0 Step 2: Annual Income If you’re part of a dual-income household, enter only your income. Salary Bonuses and Commissions Tax Rate Net Monthly Income $0 Step 3: Current Long Term Disability Coverage If you don’t have long term disability insurance, enter 0 in the fields below. Percent of Income Protected Up to a Max Monthly Benefit of Who Pays for the Coverage My employer Me, before taxes Me, after taxes Monthly LTD Benefit $0(0% of your gross monthly income) Reset Calculation NEED MORE INCOME PROTECTION? By adding income protection insurance to your employer’s LTD plan, you could increase your monthly benefits to meet your needs if you were seriously sick or injured and could not earn your usual paycheck. Connect With a Professional Find a Dentist Find an Eye Doctor File a Claim Report an Absence Find a Form Individuals & Families Businesses & Organizations Financial Professionals About The Standard Accessibility Statement Responsible Disclosure Program Fraud Prevention Privacy & Legal Contact Some products and riders may not be available in all states and some policy provisions may vary by state. The policy has exclusions and limitations and terms under which the policy may be continued or discontinued. For costs and complete details of coverage, please contact your insurance representative or The Standard. The Standard is a marketing name for Standard Insurance Company (Portland, Oregon), licensed in all states except New York, and The Standard Life Insurance Company of New York (White Plains, New York), licensed only in New York. Products and availability vary by state and are solely the responsibility of the applicable insurance company. © 2021 StanCorp Financial Group, Inc.