Who needs disability insurance?

Anyone with a job can benefit from disability insurance. That’s especially true for self-employed people, who would lose both personal and business income if disabled. Doctors and dentists are the biggest buyers of long-term disability insurance.

People have insurance on their cell phone, but don’t protect their incomes. Disability insurance is valuable to anyone who gets up each day and makes a paycheck,” William Olmstead, vice president of Financial Balance Group, says.