Mortgage disability (mortgage protection) insurance can cover your mortgage payments during a disability, but policies vary widely. Compare policy terms, benefit periods, and individual disability income insurance before buying.
If you run your own business or earn 1099 income, disability insurance protects your ability to earn. Compare individual policies, BOE plans, and riders like own-occupation and residual coverage to match your risks and cash flow needs.
A practical guide to disability insurance options in Florida: group and individual policies, key features to compare, where to get quotes, and tips for choosing coverage in 2025.
Self-employed workers can - and often should - buy disability insurance. Prioritize own-occupation definitions, choose elimination and benefit periods that match your savings, and consider business-overhead coverage to protect ongoing expenses.
Self-employed people lack employer benefits and should consider credit life (loan protection), individual life, and disability insurance to protect income and debts. Compare lender offers with standalone policies and check insurer ratings before you buy.
Mortgage disability insurance can cover mortgage payments if you become disabled, but coverage limits, definitions of "disability," waiting periods, and exclusions vary widely. Read the policy and compare alternatives like SSDI, state programs, and employer disability plans.