So your disability check would be equal to you salary?
I don't remember the terms, but pretty much. Barring me being a quadriplegic, I am taken care of for a good while.
Will it pay your out of pocket medical expenses...copays and deductible ?
Copays and all that through my insurance are manageable. I had knee surgery (ACL reconstruction) and literally paid $0.
Should you lose bodily function to some degree, your disability benefit going to compensate you for that?
Up to a degree...but if I'm at that point, me having $25k UMBI policy is pocket change.
Look, I'm not saying you guys are wrong. I'm just saying that your reasons for getting it doesn't seem to fit my situation. Please tell me if I am incorrect.
So far, I am leaning towards getting it anyway just in case due to low dollar principle. You've convinced me...but if I was on a tighter budget, I would probably balk.
This post was edited on 12/3 at 11:24 pm