Mia's gross income is $50,000 per year. How much long-term disability insurance should she purchase?

Name: Mia's gross income is $50,000 per year. How much long-term disability insurance should she purchase?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

It is generally recommended to purchase long-term disability insurance that covers about 60-70% of your gross income. 60% of $50,000 is $30,000, and 70% is $35,000, so $32,500 is within this range.

Mia's Gross Income Is $50,000 Per Year