What To Ask When Buying Disability Insurance? 
When buying Disability Insurance , ask if it will pay you a benefit if you are unable to perform your own job , or any job . The feature is called `` own occupation '' . Purchase the policy that will allow you to collect if unable to perform your own occupation , if you can afford to do so . Ask if it will pay for `` partial '' or `` residual '' disability . Residual benefits are more comprehensive than partial . Ask if it is guaranteed renewable or non-cancellable . Only non-cancellable locks in premiums . Ask how long the coverage will last . You want it to last to age 65 , if you can afford it . Ask how long the elimination period is . You will need to have that much in reserves to get you through that waiting period until your benefit kicks in . Ask about the rating of the company . You want a secure company to make sure your benefit is paid if needed . Ask if it includes a cost of living rider and/or a rider that will allow you to get an increase in coverage in the future . Both will help your policy keep up with your career and inflation . Ask if there are any exclusions . There are other questions you could ask , but those cover some important things to look at when buying Disability Insurance . 