How Much Income Does Disability Insurance Replace? 
First understand there are two basic types of disability insurance . The first is a short term disability plan . These benefits are usually a fixed amount not to exceed 70 % of your current income and can start paying almost immediately . These short term plans can pay daily , weekly or monthly but for a shorter period of time usually a few months to up to one year . The second type of disability is long term disability plans . These benefits have a longer elimination period usually 30-60-90-180-360 days before benefits commence but will pay for years or up to age 67 years old . Most long term plans will pay up to 70 % of your current income at time of claim . 