When Do You Need Disability Insurance? 
When do you need disability insurance ? Quick answer ? before you file a claim . The need for disability insurance is going to depend on the value a person places on protecting their paycheck . If they have passive income and money saved or investments they can liquidate , the need for disability insurance may not be that great . For most people though , savings and investments are for a later purpose in life like retirement . Liquidating your retirement assets before retirement simply leaves you with nothing far too quickly . So it is up to the individual to decide the need . The other thing , do n't wait till a disability you recover from shows you the need . Disability insurance , at least good disability insurance , is extremely hard to get . Lots of declines or class ratings for second time around applicants . A second time around applicant is somebody who had something happen before , did n't have coverage and realized how important it really is to have . So they apply in hopes somebody will underwrite them . The problem is , many wo n't . 