Is Disability Insurance Deductible As A Medical Expense? 
Disability insurance is not deductible as a medical expense . However , it can be deducted as a business expense for those who are self employed and own their own Disability Insurance policies . Keep in mind that if you declare your Disability Insurance premiums as a tax deduction , the disability benefit that would normally go to you tax free in the event of you becoming disabled , would then likely be taxable . 