When should you drop your disability insurance?

Answer Probably once you have enough retirement savings. Otherwise, it is one of the most valuable possessions you own and should be cherished not dropped.

Top Q&A For: When should you drop your disability insurance

What if you have disability insurance and become disabled can they take your car your credit and still ask for money when the disability insurance was purchased to cover that type of event in life?

It is your responsibility to see that the DI pays you and YOU pay the payments on time. rem your agreement with the lender stated that YOU would make the payments on a certain date. HOW you get tha... Read More »

Can Michigan employer drop your medical insurance while on short term disability?

Yes, unless you pay/reimburse the employer for the insurance premium out of your own pocket.

When should you drop comprehensive insurance on a motorcycle?

On One Hand: Drop Comprehensive When the Resale Value Is LowMotorcycles depreciate in value quickly. When your motorcycle reaches the point where its resale value is not enough to justify the insur... Read More »

Can your employer cancel your health insurance when you are on short term or long term disability because you did not make a payment on your insurance like is normally done through your paycheck?

Your employer's obligation to pay premiums normally stops when your paycheck does, that is, when your medical and personal leave is exhausted, and there is nothing left to deduct the premiums with.... Read More »