In this episode, I break down the basics of Long-Term Disability Insurance—what it is, why it matters, and the biggest mistakes people make when choosing a policy.
I’ll explain the real difference between “own occupation” and “any occupation” coverage, why most policies only cover 60–70% of your income, and why you shouldn’t count on Social Security as your safety net.
If you’re a business owner or professional, protecting your income is non-negotiable. Let’s get clear on how to do it right.
Listen now!
Show highlights include:
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Some startling data on working-age disability, causes, and insurance coverage. Are you underestimating your disability risk? ([0:52])
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What “Own-Occupation” vs. “Any-Occupation” means in Disability Insurance—and the gold standard policy choice for business owners and professionals to avoid zero payout dangers. ([1:50])
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How much of your pre-disability income LTD Insurance replaces and the actual amount after tax. You can get it 100% tax-free, though. Discover how! ([4:22])
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Can you get Disability Insurance if you’re 60? ([5:36])
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How long Disability Insurance takes to pay out benefits after an illness or injury starts. And a pragmatic bridge income tip for the waiting window. ([6:01])
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The truth about Social Security Disability Insurance you should know if it’s your sole plan—and what I advise. ([7:07])
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A timely reminder on the importance of protecting your most valuable asset: your income. ([8:19])
Reach out to me:
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
