Is Disability Insurance Worth Having? 
Disability insurance is definitely worth having . Just about everyone buys homeowners insurance , but the chances of losing your home to a fire is 1 in 1200 . The U.S. Social Security Administration reports that the odds of a 20-year-old worker becoming disabled prior to retirement is 3 out of 10 . Disability insurance , also called paycheck insurance , protects your most important asset - your paycheck . Everything your own or consume -LRB- home , car , food , education , etc -RRB- is paid for by your paycheck , so why not protect it ? The cost is generally 2-4 % of your paycheck so it can be economical protection as well . 