How to Insure Your Income: How Insurers Price Disability Coverage Introduction

In order to make good decisions as a consumer of income insurance, you should have some understanding of how insurance companies evaluate the coverage. Because insurance is a heavily regulated industry, it's possible to learn how companies price the coverages they sell.

This chapter will take a brief look at this pricing process -- and give you some tools for asking the right questions if an insurance company quotes you a premium that seems too expensive.