Why I’m Dumping My Disability Insurance Policy at 43
You don't have to carry disability insurance until you turn 65. Like term life, you can dump it when you reach financial independence and redeploy that premium money elsewhere.
You don't have to carry disability insurance until you turn 65. Like term life, you can dump it when you reach financial independence and redeploy that premium money elsewhere.
You should only insure against financial catastrophes. So how do you decide when your death or disability is no longer a catastrophe? It helps if you go back to the reasons you bought it in the first place.