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2006-07-03 09:26:53 · 6 answers · asked by supervisorsue 1 in Business & Finance Insurance

6 answers

Depends on your income. If you make around 35-50k, you will get upward to 70%. If you are making $120k, then it would be around 50%. Each company is a little different but the general rule of thumb is 2/3 of your income.

2006-07-05 23:30:05 · answer #1 · answered by tigertiggerii 3 · 0 0

Your policy defines how the benefit will be calculated. You may need to get other information not contained in your policy to arrive at the amount you will be paid by the company, this may involve social security offsets the company may use to reduce the benefit calculated (this is a standard feature of most policies and your premium is based on this offset). If you call the claims center they can also tell you specifically what the payout will be and what (if any) offsets were used to reduce the benefit. One consideration is if the payment is taxable or non-taxable (who paid the premium, if you did then the benefit generally is non-taxable, if your employer paid then the benefit may be taxable).

2006-07-07 18:12:03 · answer #2 · answered by Brent J 2 · 0 0

If you have your own disability policy, then it would be what your policy covers. If you have questions, call the company or an agent. If it is through work, ask your benefits manager.

If you are hoping for Social Security disability benefits, first good luck. Second get a lawyer.

2006-07-03 12:57:43 · answer #3 · answered by insuranceguytx 5 · 0 0

Generally up to 60% of your gross income.

2006-07-03 10:57:06 · answer #4 · answered by Anonymous · 0 0

you dont what ever the case may be .usually the state or workerscomp ssi, they decide by your previous income

2006-07-03 09:32:21 · answer #5 · answered by valerie c 2 · 0 0

Look at your check. It shoud tell you right there.

2006-07-03 09:29:50 · answer #6 · answered by Bostonian In MO 7 · 0 0

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