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Reply to "SAHM's - Do you have disability insurance????"
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[quote=Anonymous]I worked full time until five years ago, then worked part-time and now I am only working a couple of hours a week, earning less than $10K a year. I bought a private disability policy when I started working part time. I was earning about $60K a year and thought it was worth it. The bill just came for the policy renewal. It's $1700 a year. My gut feeling is this is ridiculous. I have some concern that if I drop the policy now and start working more when my kids are older, but get sick between now and then, that when I try to get a policy I will be turned down or the premiums will be outrageous. Is anyone in a similar situation and if so do you carry disability insurance? TIA. [/quote]
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