Disability Insurance Calculator

Calculate disability insurance needs from income and expenses — see coverage, benefit and premium estimate.

Disability Insurance Calculator

Calculate disability insurance needs from income and expenses — see coverage, benefit and premium estimate.

Monthly income to protect($)

Monthly expenses($)

Existing coverage/month($)

Enter values above and click Calculate — results will appear here with the formula explained.

Needed = max(expenses, income*0.6) - existing; Benefit ~60% of income typical

How does this work?

Disability insurance replaces 45-65% of income, often capped. Need is expenses or 60% of income, whichever higher, minus existing employer coverage.

This is short vs long-term. Long-term (90-day wait) is critical — short-term is often 2 weeks. For YMYL, get own-occupation if you are specialized.

Premiums are 1-3% of income, cheaper when young and healthy.

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Disclaimer: Results are estimates for informational purposes only and do not constitute professional financial advice.

Quick Answer

Disability Insurance Calculator computes calculate disability insurance needs from income and expenses — see coverage, benefit and premium estimate. Formula: Needed = max(expenses, income*0. Example: With $5k income, $3,500 expenses, $0 existing: need $3,500 (expenses) vs $3,000 (60% of income) → $3,500 needed.

How to Use This Calculator

1Enter monthly income to protect, monthly expenses and existing employer benefit.
2Calculate to see coverage needed and benefit estimate.
3Ensure coverage covers at least expenses, ideally 60% of income.

Formula Used

Needed = max(expenses, income*0.6) - existing; Benefit ~60% of income typical

Disability insurance replaces 45-65% of income, often capped. Need is expenses or 60% of income, whichever higher, minus existing employer coverage.

This is short vs long-term. Long-term (90-day wait) is critical — short-term is often 2 weeks. For YMYL, get own-occupation if you are specialized.

Premiums are 1-3% of income, cheaper when young and healthy.

AdSense ready — add NEXT_PUBLIC_GOOGLE_ADSENSE_PUBLISHER_ID

728×90 — AdSense

Worked Example

With $5k income, $3,500 expenses, $0 existing: need $3,500 (expenses) vs $3,000 (60% of income) → $3,500 needed.

AdSense ready — add NEXT_PUBLIC_GOOGLE_ADSENSE_PUBLISHER_ID

728×90 — AdSense

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Frequently Asked Questions

QHow much coverage?

60% of gross is typical max. Some allow 70% with proof.

QOwn occupation?

Own-occupation pays if you cannot do your specific job, crucial for doctors, dentists.

QWait period?

90 days is common for long-term, cheaper than 30-day.

Quick Answer

Formula Used

Needed = max(expenses, income*0.6) - existing; Benefit ~60% of income typical

Disability insurance replaces 45-65% of income, often capped. Need is expenses or 60% of income, whichever higher, minus existing employer coverage.

This is short vs long-term. Long-term (90-day wait) is critical — short-term is often 2 weeks. For YMYL, get own-occupation if you are specialized.

Premiums are 1-3% of income, cheaper when young and healthy.