Goddard Financial

Disability Insurance Needs Calculator

Did you know that group disability benefits are paid as a percentage of regular income, and that depending on your plan, they may only cover you for a couple of years—especially if you’re qualified to do any kind of work at that time?

This easy-to-use calculator can help you take a look at how much income you’d require in the event of a disability by accounting for your household income and expenses. You can even include things like planned savings and debt repayment to make sure you stay on track no matter what. Once you know your income needs, we can help you determine if you could meet your financial obligations and goals in the event of a disability, and if not, discuss solutions that may strengthen your insurance safety net.