Who Should Buy Disability Insurance? 
Anyone that depends solely on their paycheck to get by needs to insure it against a disabling eventthat might require extended rehabilitation . An insurance company will not underwrite someone that has a large amount of passive or unearned income . They will also not insure someone that does not medically qualify . Finally , an insurance will not replace 100 % of one 's lost income because a -RRB- the insured would then have no incentive to return to meaningful employment , and 2 -RRB- the maximum monthly income replacement is around 2/3 of lost income and it is income tax free -LRB- if the insured pays out of pocket -RRB- . Permanent total disabilitycan bea living death . Not having the ability to bring in any income at all is one of the worst things that can happen to a person , especially to us ego-driven males . Total disability was -LRB- prior to 2009 -RRB- the single most likely reason for losing one 's home . In short , the consequences of a disability can be worse than death . There are various statistics that show how often disabling events occurs , but who cares about statistics ? If it happens to you , statistics do n't pay the bills . One should buy DI early in their working life . That 's when it is inexpensive and the premium can be guaranteed not to go up -LRB- unless additional coverage is purchased later -RRB- . Group DI is not portable . Own your own coverage . If you do n't have it yet . get it . 