Should I Do Long Term Disability Insurance? 
If you have to choose between buying short or long term disability insurance , most people select long term disability insurance . That is because most people can survive a few months of not having an income , but it is difficult for most people to go without their paycheck for many months or years . If you are trying to decide whether to buy any disability insurance at all , it depends on your income -LRB- whether your family depends on it -RRB- , your health and occupation -LRB- whether you qualify for a policy -RRB- , and the cost of the policy -LRB- whether you can afford it -RRB- . If you are living on minimum wage , buying long term disability insurance is not going to fit in your budget . If you are the breadwinner in your family , do n't have a large amount of savings , and have a moderate to good standard of living , it is almost essential to do long term disability insurance . 