Money Matters
Dear Community,

Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.

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Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.

Long Term Disability/Cost?

Do any of you have long term disability? I know the cost varies from person to person based on their health and job. I was just wondering if you had a good company you used with a decent price. We were quoted for my husband only $1500 a month for 5 years if he was injured, and that's us paying $60 a month. Not a good deal, I guess it was because of his job having construction in it that they lowered everything. So we are starting over and just wondering if anyone had a good experience getting set up with a company!
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Re: Long Term Disability/Cost?

  • we just signed up this month for long term disability for DH.  He is self employed so it makes me nervous thinking about what could happen if he couldn't work.  It pays out a lump sum of $60,000 and costs $50/month for 20 years.
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  • I have long term disability insurance and I pay about 800 every 6 mo plus 50/mo.  If I can't work I will get 5,000 a month.  I invested a lot of time and money into training so I figured I needed it.
  • I've had long-term disability insurance before, but it was through a group plan.  On a group plan, it typically pays 60% of your salary indefinitely with premiums being around $15/month for roughly $2500/month.  But, again, that is the magic of group plans.  AND it doesn't kick in until you have been disabled for 6 months.  Less than six months is short-term disability and is more in the $25/month range for the same coverage and group plan.
  • what companies did you all use to get long term disability insurance?
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