InsuranceLibrary.com

How Much Does Long Term Disability Insurance Pay?

Comments

One response to “How Much Does Long Term Disability Insurance Pay?”

  1. David Racich Avatar
    David Racich

    Assuming the long term disability insurance covers your full compensation and the benefit pays until age 65, the following is a general understanding of the benefit amount.  If the disability insurance is not deducted as a business expense, you will receive 60% of your compensation tax free. If the disability insurance is deducted as a business expense, you will receive 80% of your compensation taxable.
     

Leave a Reply